which is harder: making money or keeping the money that you made?

United States
March 26, 2009 8:48pm CST
For me, keeping the money that you have made is harder. Obviously, when you're in the lower income bracket, it will be harder to keep the money because you have to spend for the necessary things that you need everyday, which sometimes even results in negative savings. But when you're in the higher income bracket, usually the more they make money, the more they spend it. It's really discipline in handling our finances is the key so that this hard earned money will not be wasted on things that we don't need in the first place. How about you, which one do you think is harder?
3 people like this
37 responses
@snow8515 (170)
• China
28 Mar 09
Generally, people who are good at spending money are good at making money. I think spending money is a good stimulus for making money to some extent. Of course, the people with good ability of keeping money are able to find the balance between keeping money and spending money. Managing money is a big learning that we would study.
• United States
27 Mar 09
i think that saving your money is alot harder than earning it because when you are earning your money you are striving to accumulate a certain amount of money for something and once you have obtained the money it is alot easier to blow it on what ever catches your eye you think well since i have the money i might as well by it
@ionsquare (534)
• Singapore
27 Mar 09
Hi, I think keeping money is definitely hard if you have high expenses each month. The best thing to do is to save money before you spend any as this will control your spending habits. Even though one may be in the lower income bracket, he or she should always make some medium risks investment as the interests in the bank are just too low to keep up with inflation. Its good to make money while saving money at the same time.
@katebell (80)
27 Mar 09
well for me its both really but if i had to pick one it would be keeping it, i cant stop myself spending its a bit of a problem at the min as am not working but yeah i would say keeping it.
• India
27 Mar 09
for me i think keeping the money is much much harder. I take great care while making the money but I am quite reckless at spending. When i go out shopping I i have a budget of 30 bucks I am sure to spend at least 40. I will buy all the things in my list but am always attracted to things i see around them and inevitably end up purchasing them.
@apples99 (6561)
• United States
27 Mar 09
I think for me its harder to make money then keep it, because I'm pretty good at keeping my money and budgeting it, but when it comes to finding good legitimate ways to make a good amount of extra money it seems to be more and more difficult to find over all.
@j4ck_86 (102)
• Indonesia
27 Mar 09
For me, It's much harder to keep the money I earn. I tend to spend all money in my pocket, that's why I try to put as least money as possible in my pocket. If I know that I still have much money I will likely to spend it. There is a quote "It's easier to obtain something than to maintain it", because when we want to obtain something, we can set up some target, but mostly people do not really think of the next plan after we obtain the thing. Huh, really hard job to do I guess.
@Yori88 (1468)
• Philippines
27 Mar 09
I think it depends on which of the two you mentioned is harder. It could be on a case to case basis. Making money is hard for those who does not permanent or regular jobs. It is very hard because you are uncertain on where to apply, where to work and what to do if you are having difficulty in making money. I take as an example my case wherein I am a house wife and a mother of a five month old baby boy and I am just here at home doing mylot just to earn a bit. So making money for me is hard. For people who have permanent or regular jobs or those who never fail in every job they apply into (just like my husband and I am not pulling a leg here) I think the situation is reversed. They have harder times keeping the money they earned. It is not only because they have a lot of expenses and bills to pay but it is hard to keep money you earned when you have lots of wants in life. I never blame my husband for having a hard time keeping money. I mean we never have savings because I admit we spend a lot of foods. We love to eat and we love to stroll in malls so we can't resist spending. Even if I sometimes tell him to just save the money he can't and he is having a hard time. His reason is that money will go back and it is just a cycle. Anyway I have nothing against that because he deserves to enjoy the money he is earning and he is a very responsible husband.
• Lubbock, Texas
27 Mar 09
Right now keeping or saving some money is harder than earning it, but the key to a healthy economy regardless of your income bracket is to have "cash flow". Those who are more intent on getting and keeping money instead of spending it clog up the "works" and the economy bogs down. I have to admit I was a little worried for a while, but I've been through hard times before and if I have enough money coming in to meet everything that needs to go out, I'm in good shape.
@larish (2193)
• Philippines
27 Mar 09
I am having a hard time saving my money. Whenever I have my money or even an easy access to my earnings, I can easily withdraw it. I am the typical who will try to keep it in the bank but eventually get it especially if I saw something I really like at the mall. It was so easy to buy than saving it for the future. I also have this mentality that I can always earn what I am loosing. It is also true that regardless how much you are making, the standard of living also adjust. The higher the salary/earnings, the higher the expenses/standard of living.
• Philippines
27 Mar 09
Hi there. I'd say both. After all, it's hard to keep something that you don't actually have in the first place. I can definitely relate with the negative savings or net worth (i.e. having more debt than liquid assets). Making money isn't easy, especially when you're tied down to a low-paying job that demands your attention twenty hours a day. It's also hard to keep the money you do make since you have to spend it on the bare necessities. *sigh*
@star_wish (173)
27 Mar 09
Hahaaa ……It must be a hard work to make money,but it will be more harder to keep the money that you made.When you are making money,you will feel tired and not have free time,so it is just hard .When you get the money,you must want to buy such and that,so it will also be hard to just keep it. *^^*
@iamsolucky (1242)
• Philippines
27 Mar 09
people tend to think first how she or he can spend the money, what things he/she will buy, and other kinds of expenditures. Well i am like that too, but i tried to limit my expenses now. Its hard to keep the money i make, i work full time job and i earn here in mylot but i still find hard to manage my bills sometimes. Oh, i do really want to save more. My boyfriend always tell me " save for the rainy days" Happy mylotting Smile Always!
@temi01 (8)
• Nigeria
27 Mar 09
to make morney is harder.keeping it is no big deal.Thats the reason why we have banks all around.You can even invest your money if you cant keep it in a bank.You can as well buy shares,bonds.But if you have any problem with keeping your morney try to communicate me.Making morney is as hard as doing manual labour on farm land. It also depends on the source of the morney.If youre the type that believes in clean morney u got to work hard.
@vjsinduja (1035)
• Sri Lanka
27 Mar 09
Both are not hard as far as u know, how to make money and the ways of saving it. If u think keeping money is harder, u can invest ur money on buying properties and and lands. Also u can keep fixed deposits in ur bank.
@deleepkv (39)
• India
27 Mar 09
for me both.I have to work almost 8-9 hours to make some money.want to earn more put in some extra hours.so making money is really hard.keeping the hard earned money is not that easy.what about our daily needs.sometimes will hav to spend money in unexpected occasions
@KcLKcL (181)
• Indonesia
27 Mar 09
Making money and Keeping it is hard. But for me, Making the money is harder. You have to work in order to gain money. Well, If you have a work with enough salary, Making money isn't the problem, but it's about how do you save it for the future needs. If you have 600U$D salary a month (example), without a management it's means nothing.
@prowaynie (139)
• Malaysia
27 Mar 09
For keeping money is still ok if compare with making money, i earning fix income salary and dunno how to growth up with that little money...sob sob..
@ajit25 (1010)
• India
27 Mar 09
Its a very interesting topic for me also its obvious that the man having low income find it difficult to save money while most of his/her hardworking money goes towards the necessary expenses and so on he will not spend money unnecessarily all the expenses will be limited to his budgets. While the income is higher its needs more attention towards the expenditure
@cieldz (709)
• Indonesia
27 Mar 09
for me both of them are same.... we should work to gain money and keep the money, without spending it all... =)