Saving more money- Is it really needed?

Since i was kid i always saving my money.That what's my parents teach for me.Not only for the future,but sometimes we have unpredictable situation when money is really needed.So nothing to lose to save your money even only a little money.

You, me, and everyone needs to save money. It comes in handy when you need things. That way you don't need to borrow money. Borrowing money is problematic, as people don't always have it to lend you. The key to it (as with everything) is not to be anal. Moderation in all things.

My opinion is different Ramya. We have energy to work hard when we are young.YOu w would have heard of the story about the 'ant and the cricket'. What is enjoying life?--now this will vary from person to person. In these days of growing avenues to spend [in the name of fun and entertainment]money will get frittered in no time. Saving as much as possible wihtout giving rise to the temptation of ' enjoying life' in a lavish way is absolutely essential .Imagine a situaton when the person earnign very well has trouble in office, suffers from ill health , has unforeseen problems at home;is it possible to ask for loans from everyone else? It is better to be safe than sorry. To quote an example--my father was an affluent man, had a roaring law practice and had had his daughters married off in style. Suddenly his career came to a standstill after that because he was afflicted by paralysis one fine day quite suddenly. He struggled with it for the next 19 years of life. He conducted his life without asking a dime from anyone. Could it have been possible if he had enjoyed life to the maximum?Could it have been possible if he had taken a trip round the world with the surplus he had at that point of time? THere is nothing wrong with saving for the future. We all live on hope that we have a future and if we wish and plan to ensure greater finacial stability for ourselves and our children there is nothing wrong.

as soon as you start working in the work force you should start saving for your retirement.

Well, I think most people know what they are saving for, and if that goal is something you really want, I think people should save. Of course, if you already have everything you need in life, you might not need this, but most of us are not that fortunate, so then we should try to save I think. Being irresponsible with your money is also not good, but going overboard with savings will not be very balanced either, so everyone has to find what works for them!

I really enjoy spending my money especially in clothes, shoes, makeups and etc. That's why I can't give you any advice because I also need help in saving money. My parents usually tells me it is better to save money because you will never know what will happen the next day you wake up and stuck in a emergency situation and no one will lend you money. Even relatives and friends wont trust when it comes to paying your debts. I always keep on thinking that I hope someday I will learn to budget my money and save for future purpose.

It is necessary to save for the future, there is no doubt about it. We are entrusted to become stewards the wealth of the Divine Providence. It is not ours, and as a steward it is our duty to make ourselves and whatever we have grow. With saving money, it is advisable to start early to become financially free when we get to our retirement age. Listen to the people whom you say saves money, if they only talk about saving for the rainy days then these people are afraid of their future. One note, why save for the rainy days when you can save for the sunny days? There is a school of thought with regards to life which is also applicable to savings. If you think it, it will come true. Now, if you think only about rainy days then all you're going to get are rainy days which is full of grief, illness, and sadness. However, if you think of the sunny days, then you would be able to enjoy life more to the fullest. Save and have money with a merry heart, and give with a merry heart.

I find it hard to save in this economy, because everything costs more so it takes more money to be able to buy the things we need. It isn't fair, but that is just the way it is. I am saving here and there, but I haven't been able to save as much as I would like, as i end up using it for bills and sometimes I will take a little of it and invest in a site to earn more. It is a vicious cycle trying to make ends meet at times., but I seem to be doing better than I have in the past, and that is good too. i haven't always been able to have enough money to do anything with, but now things are a little better for me, and so things are looking up. I hope to be able to save in the near furture. Good luck to you and happy mylotting.

I think we safe money to spend money.At the last money save will be spent also.But i guess saving means spending on necessary important stuffs in the future.Some people save money to achieve specific goal.Like saving money to buy a PC,Car or vacation and such.Some save money into their children education fund or retiring fund and such.I think saving money is important .

Saving money is a must, but as to your question saving MORE money, that depends on the income...If you have a huge Salary in a Month then you can save more..it all depends of the needs and wants of the Person..Save at least 10% of your gross income for emergency used...But in my case my income is not enough,so how can i save!Thanks!

Am I addicted to saving money? Well, yes I am. It all began when I was younger, like 9-years-old. Since I always wanted to get toys I seen on the TV commercials. I guess it was time parents thought me how to use my own money. My mom once said she wanted to show me how to save money. What she told me was actually basic however. She said, do not spend the money as soon as you get it and don't be impatient. Just save up enough money, and you will be able to bring anything you want. When I buy my things, I don't generally spend my money on what's expensive since I want to have additional money left over to spend on my family and best friends, to get what they need. What's mine is theirs. One of my sister had a baby, so it is good to assist her out with clothes and food. Saving money is a great way to help other people in need. That's why I am addicted to it.

yes I like us save money. money save us for My future plan movement.

I think that saving money is a good idea but not to save all of your money, I prefer to save only about 20% of my check, that a pretty reasonable amount to save up for the future, since I do like going out and having fun.

Savings is definitely important, but not at the cost of sacrificing todays fun and entertainment... After all what do we earn for... Do enjoy the present and save around 10% of your earnings for unforseen circumstances...

Saving is really important of course and as well as enjoying too. My opinion is, you have to be moderate in spending. What I do is, when I got my salary I always make it a point to put like 30% of what I got in the bank. So every 15 days I just withdraw the 70% percent and leave the 30% in my account. The 70% is for me to enjoy for 2 weeks, that's 8000 pesos and also enough to sustain our needs. Yes, you have to give yourself the enjoyment you need at the present or else you'll end up missing a lot of fun on the future. But like I said, everything should be moderate.

I only save my money if I have a plan for it. Like if there's something big I'm hoping to buy. Many people save money incase something happens in the future, an emergency that they will need money for. I do save a little bit of money for that too.