Saving for the Future

@LdeL0318 (6400)
Philippines
March 17, 2016 8:13am CST
When I was young I often hear elderlies say the line "You must learn how to save for your future." As a kid then, I didn't know much about how to do it and why I should do it. Eventually, as I grow older, I finally realized what this means. It's really hard for a person to grow old without savings. I have seen a lot who has a good life when they were young but suffered financially when they reached old age. They cannot even afford to live a decent life. The thing is, we are not young forever so it is better to save money while we are young. It's hard especially nowadays that there are a lot of material things that would complicate the way we handle money but we should be firm enough so that we will have a better life when we grow old.
3 people like this
5 responses
Shavkat
@Shavkat (140939)
• Philippines
17 Mar 16
We have the same elders. They always keep on telling me this. If we grow old, we need something to support ourselves. At this point, I al starting to earn my savings since I am not getting younger.
2 people like this
weird_oh_me
@LdeL0318 (6400)
• Philippines
17 Mar 16
Good for you. I haven't started yet but sooner I will. I will just have to finish all my financial obligations. You know we cannot rely much on the pension here in our country. Everything is so unstable.
1 person likes this
marcyaz
@Marcyaz (35316)
• United States
17 Mar 16
Young people need to start saving as early as possible because if they don't when they reach the age that they no longer work they will have a difficult time making ends meet.
1 person likes this
weird_oh_me
@LdeL0318 (6400)
• Philippines
17 Mar 16
Yes, I agree to that. It isn't easy but it should be done.
1 person likes this
weird_oh_me
@LdeL0318 (6400)
• Philippines
17 Mar 16
@marlina That's totally right.
1 person likes this
Marlina
@marlina (154115)
• Canada
17 Mar 16
@LdeL0318 It might not seem easy, but if you don't do it NOW, it will a lot harder to have a decent life later.
2 people like this
Ayeizsha
@gaiza12 (4884)
• Philippines
17 Mar 16
My parents don't often tell me to save. But I do know they want me to since I have seen what they have experienced now. They didn't save that much before for their future, and now we are always looking for money to pay for their hospital bills. I do have a hard time saving myself but I do know that I needed to start saving more now that I will be turning 30 and I am planning to start my own family. It's just that it's so hard to do.
1 person likes this
weird_oh_me
@LdeL0318 (6400)
• Philippines
17 Mar 16
Yes it is especially when you got a lot of responsibility. You tend to prioritize the present rather than thinking of what will happen tomorrow. It's hard especially from our culture who thinks of family first rather than ourselves.
Sanjeev
@sjvg1976 (42525)
• Delhi, India
24 Mar 16
Yes we must save for our future as we may not be able to work in old age so it's better to save money when we are young and energetic.
1 person likes this
weird_oh_me
@LdeL0318 (6400)
• Philippines
24 Mar 16
That's right. Save as much as we can while we're young.
lei
@123TikTalk (36)
• United Arab Emirates
17 Mar 16
It's a bit hard though when you also provide for your family. Do you know how annoying it is when somebody say " You probably have a lot of savings now, since you are single"? It probably would be true if I keep my salary to myself alone. It's not that I'm complaining, it's just that when you are young and doesn't have children to feed or send to school, some people assume that you're enjoying a really good life.
1 person likes this
weird_oh_me
@LdeL0318 (6400)
• Philippines
17 Mar 16
Well, that's true. Actually, when you are single there are more to expect from you.
1 person likes this
lei
@123TikTalk (36)
• United Arab Emirates
18 Mar 16
@LdeL0318 exactly
1 person likes this