Why People find it difficult to Save

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I remember growing up and been gifted either money, snacks or any other stuffs that is eatable or spendable. After showing it to my mom and dad and I was given go ahead, instantly without not wasting it, those snacks get consumed by me and the money been spend rapidly either on snacks also or on sweets.

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Growing up as a little kid, what do we really know about saving. Even though we continue to hear the world save. Saving in this term I am talking about in the financial world. Times flies and growing up to realise the full Importance attached to saving.

One thing that saving always help you is that you can find somewhere to lean to and run to when you are faced with some financial emergency needs.

Spending some time to even enlighten people about the importance saving, some people still find it difficult to save. And through be told if you analysis some people financial condition, you will agree with me that definitely it is always hard to save. Some people even get to break down their wages or salary completely even before it been received.

And at the end of the day, you find out that some people find it to save even though they wish to save and even though they know the importance of saving.

Now let me throw this question to you

Why do you think people find it difficult to save??

I will be waiting for your contribution in the comment section below....

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9 comments
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Totally agreed with you that saving helps us in future if any financial emergency or need occurs. And its not hard to save, one thing that is hard is how to manage our expenditure because expenditure cant be same for every month or every year. Managing the expenditure or expenses is the first process of saving. If anyone can manage their expenditures then he can save something for future too.

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while saving is very important, not everyone has the ability to save effectively due to a lot of factors.

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Hello friend, certainly saving allows us to have a reserve for emergencies or gives us the basis to start a business. But it is also true that it is very difficult to save, I think it is a habit that must be cultivated and can also be affected by the circumstances, in a very unstable economy is difficult to have to establish a savings quota, especially if inflation makes income dust.

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The habit of saving in many cases is inherited through teaching the child about the importance of this, and depends on the economic income that one has. In a capitalist society where credit is the weapon to get out of trouble, saving is the enemy of it because it saves people from paying interest, sometimes disproportionate. However, saving is often not done because expenses exceed economic income, others because people insist on having an artificial life status and the most common is because citizens live imprisoned in a consumerist society.@tipu curate 2

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