do you thing savings is needed?

India
August 6, 2009 12:13am CST
hi friends do you think that savings is needed to people or just spend money they getting without any savings what you will do?
2 responses
@spalladino (17927)
• United States
6 Aug 09
Generally, if you live on your own, you should have money saved that equals 3 month's worth of your bills and expenses incase you lose your job. It's also a good idea to put away additional money in another account for unexpected emergencies or opportunities.
• India
6 Aug 09
ya we should have savings but so many people just enjoying by the money they getting and dont have anything to save
• United States
7 Aug 09
I like saving money just in case of an emergency. If something happens you need money handy. Car crash, hospital bills, a needy relative with a big loan. I think its better to save up for a rainy day.