saving money

Pakistan
August 31, 2010 5:24am CST
what are the advantages of saving money?
10 responses
• Philippines
1 Sep 10
you'll have something to use in the future, and you won't need to ask and ask from your mom,,, ^^
1 person likes this
• Pakistan
1 Sep 10
why ask from ask you should ask from your husband. just joking. yes you are right we have to do some thing for our self we should not bother our parents.
@DoctorDidi (7030)
• India
31 Aug 10
The great advantages of saving money is that it will help you to tide over in the rainy days, even if your friends or relatives refuse to lend you a helping hand. Hence in most of the developed or developing countries, the governments now encourage in compulsory thrifts through general provident funds & etc.
• Pakistan
1 Sep 10
saving for rainy day are so important thanks for response.
@dodo19 (33674)
• Beaconsfield, Quebec
31 Aug 10
There are certainly advantages to saving money, although I wouldn't say that it's necessary. Saving money may help when you are somewhat of a tight spot. Having money saved might allow to go on trips or something like that. It might also help you when you retire.
1 person likes this
• Pakistan
1 Sep 10
good point we have to leave some money for after retirement.
• India
31 Aug 10
yes saving money is essential because in these days the jobs we are working are not permanent and they are not government jobs. So we need to be careful about future and save money.
1 person likes this
@visijay32 (447)
• Philippines
31 Aug 10
There are a lot of advantages when it comes to savings. Now, it all depends on the reason as to why you want to save. You could save for life's "rainy days" or for the "sunny days" the choice is yours. If you start early in saving money you would be able to retire comfortably and enjoy the pleasures of life. You would become a good provider for your family if you have savings. There are many ways or vehicles you can use to maximize your earning. Look for banking instruments that could beat inflation. In saving, it is not you who should work hard but it is your money should work hard for you. Work smarter, not harder. The goal for saving differs for everyone but the greatest goal is to become rich! And that is why we should save.
1 person likes this
• Pakistan
1 Sep 10
yes we have to leave something for our family our our child's that their future will become bright. thanks for response
• Australia
31 Aug 10
advantages of saving money is when there is a emergency need like family crisis (medical bills, living expenses, etc) when there is no money in raining times, you will feel that the world is falling and you can't do anything about it. without money, you can't do the things that you crave for and wanted to fulfill it. Money is everything in the world, so save money for your needs.
1 person likes this
• Pakistan
1 Sep 10
thanks for your response it very necessary to save money.
@tianly (39)
• China
31 Aug 10
Well I don' know if you need money to support your life. Saving money is very useful when you want to travel around and buy stuffs you need. In my country, one have to afford the education and medicine fees by himself, the social welfare is helpless!
1 person likes this
• Pakistan
1 Sep 10
yes we should save some money.thaws for response
@sjhaeki (798)
• Philippines
31 Aug 10
one thing is for sure, if you've saved enough money when in time for crisis or emergency you have something to use. there are a lot of advantages actually, it just depends on the person on how he/she will use the money he/she have saved up. although saving would be hard work since you'd be tempted to use it once you receive it but if you've got a goal then you can save lots and use it to buy what you want.
1 person likes this
• Pakistan
1 Sep 10
yes it,s necessary to save some money for emergency because there can be any happened in life.
• United States
31 Aug 10
I wish I could save money, but right now things are so tight that we can't. I now that before I had gotten married my husband and I had a joint savings account which we both put money into for our wedding as well a down payment for a house. The rules were that we were not allowed to touch the money in there unless we were both present and it was not tied into a debt card. We could only go to the bank during business hours and take money out. We had to tell each other what it was for and how much. If one of us did not agree then it was not taken out. Hopefully, by next month we will be able to save money again once we start my online business. Saving allows you to have extra money in case of an emergency.
1 person likes this
• Pakistan
1 Sep 10
yes it,s very difficult to save money now a days.
@Naxous (974)
• India
31 Aug 10
Hi friend you must be expecting me to say that saving is essential to have a decent future life and all those sorts of things but what I am going to say is a bit different.In today's world it is very difficult to have enough money to have a substantial saving scheme going.What is more embarrassing is the fact that even after saving you will find out that your future is not secured as there is a monster called inflation that will eat away a major portion of saving.Hence, the only way is to invest your savings.So firstly you need to save and secondly you need to invest your saving in high yielding assets.Savings must go hand in hand with investing.
1 person likes this
• Pakistan
1 Sep 10
thanks for response we should invest the money.