Is saving money help us for future needs?
By Rajesh babu
@Dasari100 (3791)
Anantapur, India
April 9, 2009 1:01am CST
I have been saving money for a long time, especially since my childhood because each rupee and cent is more valuble than anything so especially when we become older it is very necessary for future needs so do you have habit to save money so how much you have saved money for future needs.
2 people like this
9 responses
@zhuhuifen46 (3483)
• China
9 Apr 09
Saving is a traditional merit we learn from childhood. For people of my age, however difficult we were, we managed to save something from regular income, though it came to be very little decades later. But I never regret. A successful business man started his initial fund from saving one third of his income for 6 consecutive years, before starting his own business. Saving should be consistent, tough in difficult times.
@Dasari100 (3791)
• Anantapur, India
9 Apr 09
When we are younger that is the best time to save money rather wasting the money becasue every cent addded in our life with interest so in the older age it will be useful so have you face any problem with money?
@cindyhxf (1446)
• China
16 May 09
almost the answer is yes.i save money for myself and my daughter 's education or other things maybe happen in the future.i am not sure if they really needs and i have my salary every month now.i don't need to take out my bank money now.i just have a habit to save money
@tholitz (1127)
• Philippines
15 May 09
Hi Desari!
I'm trying to save as much as I could. Every salary, I'm keeping some money intended for future needs. But emergency cases and some financial needs always reduces my savings. But I do believe that it is very important to save money for our future especially when we grew old and could not work and support ourself financially.
Have a nice day!
@carrine (2743)
• Philippines
15 May 09
i saved a lot, however i will withdraw it also because i really have to, LOL i mean my budget is always short,, i really dont know what other strategy i will study, but till now, i still save at least during crisis time, i have something to get.
@larish (2191)
• Philippines
15 May 09
I try to save 10% of my monthly income. It is really important to have savings for emergency and future need. I also live within my means. As much as possible I control myself from buying unnecessary things.
@Samanthavv (1380)
• United States
9 Apr 09
I save as much as I can, but it always ends up going to pay for something. It's not any fun, but that's the way life is, especially when you have children. Right now, I have a coin jar with a little bit of money in it. Maybe $20 in coins. I need to roll those and put them in my bank account!
@hanah87 (1835)
• Malaysia
9 Apr 09
Yes it will help for your future.I like to save my money in bank.
@pauline08 (101)
• China
9 Apr 09
I think it's a good habit to save money. But we must know that money will devalue in future.
I remember that when I was a child, one dime (RMB) can buy many things, but now, if there is one dime on the road, even nobody will pick it up.
So I think we should find a good investment to prevent our money from devaluing.
