The power of saving

United States
June 13, 2009 11:40pm CST
We all have to pay bills, and most of us just want to work some extra hours online to earn extra cash on hands. Would you use what you earn from online to buy other stuffs, or you have to pay bills? If you can, would you consider saving that money for future emergency purpose? For me, I definitely would save that money in bank, and not going to spend it unless I desperately need it. Every penny counts, and saving bit by bit, you can get a lot in the near future. If you can do the math, cosnider doing so.
3 people like this
10 responses
@pengbubu (1015)
• China
14 Jun 09
I don't, for me, I earn very little money via online earning program and I don't think $10 or $20 is very helpful. Maybe you earned much more monthly, so the situation is different. If I can earn $30 or more monthly, I will save it in bank, I will $360 is a large amount after one year deposit. Have a good time!
1 person likes this
@anandjee (282)
• India
14 Jun 09
it is good to have habbit of saving , because all the time is not same in life, so it is good for everyone,
@ladym33 (11008)
• United States
14 Jun 09
It depends on my needs at the time what I do with my online earnings. If I have a lot of excess bills to pay I will use the money for the bills. If my bills are already easily taken care of with other income then I will use the money to buy something I need or I will put it aside to use on vacation or to take little mini vacation.
@CatGods (4596)
• United States
14 Jun 09
I try to make as much money as possible and try to live as cheaply as possible. I don't spend money unless I absolutely have to. And yet I still have fun. I read books watch tv. take pictures with my camera, and there is all kinds of things to do on the web.
1 person likes this
• United States
15 Jun 09
The money I make online is always saved or spent having fun. I dont ever use it to pay bills. Really I dont think I have ever had enough to pay a bill before. I dont make that much online. I know that there are great ways to make money online but I have been doing better at finding ways to save money instead of making it. I save half my grocery bill and figure that is money I never had to figure out how to make.
• Philippines
15 Jun 09
Good day... I think people know that they need to save money., aside from paying the bills and some allowances for the children for school., we can definitely save some even little by little. The hard thing is to avoid the temptation to spend. Like buying some gadget for men and clothing and accessories for women. The more we earn the harder it is for us to keep it and the itchiness of spending becomes worse. I myself is addicted to technology and can't really turn my eyes off from new laptops and cellphones but then I have to think in the long term. Saving money is like carrying an umbrella., it's hard and tedious during sunny days but pays a lot when the rain comes.
• Malaysia
15 Jun 09
I would save up my online income for emergency or for any otehr investment purpose when the amount in my savings pool has reached a significant level. In my opinion, regular bill payment shouldn't be rely on online income at all because online incoem is considered as a side income, we may not get it every month.
@dreamy1 (3815)
• United States
14 Jun 09
I'm using all the money I earn online to pay off my credit card debt. I have a blog that I use to track my earnings and how much my debt is reduced. I make a couple hundred online each month so it helps to get it paid down faster.
@Glow1971 (354)
• Spain
14 Jun 09
I think it is extremely important to save money, especially with our economy which seems to be getting better but we should still discipline ourselves into learning how to saving our money very wisely. I have been here for about a month now and I really haven't been on here as much as i was in the beginning but i have been lately because I think this is a great way to earn money and I'm really not sure what I'll be doing with the money I make here but it never hurts to make some extra cash, especially when your having a good time getting to know people like here on MYLOT. I'll probably save the money or just use it for my new apartment. Either way it'll be used for a need.
@ajithlal (14568)
• India
14 Jun 09
I think we need to save extra money and this helps us to pay our bills and debts. I am currently working online to earn some extra money. I also think every penny counts and money saved is money earned. If we save money it is like earning the money. I had wished before that I had saved some money for the future when I have been earning good in the past. Now a days I am trying to save money for the future.