To save or to spend

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@Freelanzer (10782)
Canada
January 28, 2017 11:43pm CST
I've heard it over and over again; life is short so live it to the fullest. One way is to spend as opposed to saving money. Why save? Well for one, to have a nest egg just in case the unexpected happens. You could lose your job, the car needs a new engine, and a myriad of other unexpected circumstances. Or you may want to save for a vacation, or some personal item on your wish list. Then there is so much instant gratification to be had from just buying what you want when you want, but is that a responsible way to live? To save or to spend, what are your thoughts?
9 people like this
9 responses
@JudyEv (381739)
• Rockingham, Australia
29 Jan 17
I think you need to do a bit of both. You need to have a balance in your life. It is a bit sad to go without everything and then perhaps suddenly pass away. But it's also worrying to get into old age and have nothing.
2 people like this
@Freelanzer (10782)
• Canada
29 Jan 17
I do like the idea of spending since you can't take it with you but as you said, I fear not having anything to spend in the later years.
1 person likes this
@Hannihar (130150)
• Israel
22 Apr 18
@Freelanzer I believe to save the money for emergenices purposes.
1 person likes this
@Freelanzer (10782)
• Canada
23 Apr 18
That is a good idea
1 person likes this
@Hannihar (130150)
• Israel
23 Apr 18
@Freelanzer Thanks.
1 person likes this
@celticeagle (189793)
• Boise, Idaho
29 Jan 17
Setting small goals and being careful is spending and you can reach most any goal you set. Saving is easy if you aren't living outside your means.
1 person likes this
@celticeagle (189793)
• Boise, Idaho
29 Jan 17
@Freelanzer ....Yes, every little bit adds up.
1 person likes this
@Freelanzer (10782)
• Canada
29 Jan 17
I find even when I put away pennies they add up over the years.
1 person likes this
• Preston, England
30 Jan 17
I struggle to save as I have lots of debts and overheads and a very restricted income
1 person likes this
@Freelanzer (10782)
• Canada
30 Jan 17
I understand and I have been there too.
@shshiju (10342)
• Cochin, India
30 Jan 17
To live spend money is must. To save money always helps the future expenses. Take a proportion to the salary for saving is good.
1 person likes this
@Freelanzer (10782)
• Canada
30 Jan 17
It is important to put aside even a small amount for security.
@shubhu3 (36463)
• New Delhi, India
29 Jan 17
I feel it's a blend. Both needs to be done in balance.
1 person likes this
@Freelanzer (10782)
• Canada
30 Jan 17
Balance is the key
1 person likes this
@shubhu3 (36463)
• New Delhi, India
30 Jan 17
@Freelanzer Exactly.
1 person likes this
@jstory07 (148701)
• Roseburg, Oregon
29 Jan 17
I save a certain amount of money each month and spend a certain amount each month.
1 person likes this
@Freelanzer (10782)
• Canada
29 Jan 17
Good to have a budget then you don't spend what you can't afford
@marlina (154103)
• Canada
29 Jan 17
Balancing your money according to your needs not your wants.
1 person likes this
@Freelanzer (10782)
• Canada
29 Jan 17
Very practical even though some may say spending money on wants is living .
@Kandae11 (57233)
29 Jan 17
I would spend some and save some.
1 person likes this
@Freelanzer (10782)
• Canada
29 Jan 17
Good balance