Saving money for the future

@blinjk (617)
United States
August 29, 2012 12:06am CST
A lot of people save money for their future or for their kids. Some open bank accounts and some just keep their money at their houses.But some people like me are not saving money because there are lots of things to buy and to pay like bills and food.Not all of us can save money because we need to spend to get the basic needs of your family.I have planned to save money before but still I use it because of our needs. So how about you guys? Are you saving money for whom?
3 responses
@smileyy (28)
• Philippines
30 Aug 12
Saving money will help you when you need it the most. To save money you have to budget it well. Yes, we have daily needs and the bills. But you if you wanna save money you can make budget plan like a prioritizing what is really needed and the wants. To divide it and alot at least 5 percent of your income in your savings. A lot of people having a hard time saving money. It is all about keeping some of your money. Not be tempted to buy the things you really don't need that much. There are needs of course like food. For the sake of saving you don't have to eat always the luxurious foods. When you go in the store and you have to buy basic needs. You have to keep in mind that you are saving so you won't end up buying the expensive one. For me,those are some on how to save.
@fatlex06 (895)
• Philippines
29 Aug 12
I save money now for future investment. The best way to earn more income is to save and venture it into business. That's the time when you will have a freedom financially and won't worry for the basic expenses that you have to pay. :)
• Philippines
29 Aug 12
Well for me. I save money for my future business. See, i want to establish my own business after finishing my college course and at least work a job for a few years until i have sufficient information on how i will establish my business. In that case, my assets would sky rocket and the more money i will save for others. :D Cheers!