Post
Topic
Board Economics
Merits 1 from 1 user
Re: Cracking the Code of Saving Money...
by
Nalain420
on 23/11/2023, 17:59:28 UTC
⭐ Merited by fillippone (1)
We all want to save money, but it's not always easy.
There are so many things that tempt us to spend, unexpected bills that pop up, and it can be hard to make ends meet.
How do you manage to save in a world that encourages spending? Let's talk about it.
Share your ideas, tips, and stories about saving money, and together, we can figure out how to get better at it. (We will also draw valuable lessons from the mistakes and experiences of others.)

One of the effective ways to save up money is to have control and discipline its useless if you want to earn money but you are one of the impulsive buyer that once you see is you want to immediately bought that thing and also one of the major factor is the lifestyle inflation this is one of the top reason why people cant save money because they have now a large amount of money and of course their lifestyle increase too they keep spending a lot of money buying foods, clothes and other wants because they can now "afford" unlike before and they keep thinking that with that large amount of money they can earn again or get paid again. Still ideal to use the system of 50-30-20 or even the 60-20-20 it depends on you how you manage. Its better to save than nothing not all things were in favor in ours there's a time that we will experience the life of chaos.
In my opinion, saving is very necessary is life if someone wants to enjoy his life and he want to be safe for future. Any disaster can happen at any time,no one knows the future and future can be worse than today better than today. But one should remain  his feet in his cloak . Because there are many people who are very poor than us and there are also many people who are very richer than us. One should see a person who is low than us ,we need only two time food to stay alive in life. One can save his money by select a fixed amount for future. It depends on one's income. If someone is job holder ,he should  separate 25 percent of his income. This money will help him in worst time.