Why is money at hand difficult to hold? I usually find it difficult to keep track of money anytime I have cash at hand, I make plans to hold money, but It never stays because something always demands the money, it is even so bad now that money kept in my account is also now being affected due to expenses. This is not something that happens to only me, I know that because of how money can easily be spent, many people now decide to avoid having cash, avoid taking ATM cards from their banks and also avoid activating USSD or internet banking, but is that really a long term solution? I blame myself a lot for spending so much and being irresponsible with money, but in your opinion, do you think that the soceity is contributing to the high and many expenses making money not to stay or is it just a bad habit I have?
Why is money at hand difficult to hold?
Sometimes the problem is not people who spend their money on unnecessary things it is simply that what they earn is not enough, so saving or trying to invest in something worthwhile becomes difficult due to the increase in prices of certain products that are essential and not last. A person who lives in a country whose economy is unstable and also has a large family, has the responsibility of maintaining the well-being of their children so in this case consumption would increase which it implies that it does not yield what is necessary, now imagine that they get sick having to cover the medicines, plus the consultations...how could someone save if inflation takes them to the ground???
Life is no longer as easy as before, now most work to survive, that's why I believe that people who have that small capacity to change this scenario that many live by just having for the day, should take advantage of this opportunity and start to manage their money responsibly so they can change their future.