From the article: Learn the Most Important Reasons to Save Money
What motivates you to save money? If you are great at saving money come and share what motivates you to save. Do you need help motivating yourself to save money? Then come and read why other people save money. You might just find the reason that will get you to finally save money. Share Your Reason
why do we save money.
- IT is improtant for people to save money, because it can be security for hard time in the future.
- —Guest elia mollel
MONEY MOTIVATION
- Not worrying about money at the end of pay periods is a great feeling, sticking to a budget is like sticking to a diet, it becomes life after a certain time, its just what you do. Just like a diet or exercise plan, its far easier to start out lightly, dont be to tough on yourself, slowly increase the effort.
- —Guest ALLAN
money
- it is important to save start know and make difference
- —Guest thobani
That rainy day
- Everytime I have no money it seems to be then that I find wonderful things to spend on like a holiday or a house deposit or a car and it's wonderful getting my tax back but I always have nothing to show for it... I figure if I squirrel away for a rainy day those other times will never come back again.
- —Guest April
What Motivates You to Save Money
- You earn a fixed amount income per month. There can be lot uncertainties too. You have to meet some excess billing in a month or annual billing, like taxes, insurance. Your family is increasing, the expenditures are naturally increasing too, you may come across some dispute, which you may be required to pay some amount as penalty. There may be some medical treatment you are need, which is not covered by your job package, this is an extra expense you have to incur. For such uncertain reasons you motivate your saving of money. There are 3 types of cash motives in economics, that is ,liquidity motive, investment motive , thirdly speculation motive, all three motives are summed as running expenses, property expenses, and using cash for multiplicity purpose. These factors motivates you to save money, to have comfortability in your life. Even a big bank has to save money as their reserves for their survival , to meet deposits liability against default loaning.
- —Guest Rashid Pervez
Ten Percent Here and There
- When I was a kid my parents taught me to put away ten percent of whatever they gave me. I did then, and I still do now. It helped me buy my first car when I was a teenager, and it just helped me with the down payment on my house. It's easy to do and I've never gotten out of the habit.
- —Guest Jason
My Parent's Example
- When I was a teenager my dad lost his job. They didn't have a lot in savings, and we ran out of money. It was awful. I had to work, and help out at home. I promised myself I'd never do that to my kids or be in that situation, so I save something every month. Always have and always will.
- —Guest Rhonda
