Part 3/12:
One of the primary reasons individuals struggle to save is the ever-escalating cost of living in urban areas. Expenses for essentials like housing, groceries, and healthcare have surged, leaving little room for savings. In cities where housing costs can consume over half of a worker’s salary, the prospect of setting aside a portion for savings becomes an elusive aspiration. For many, the immediacy of day-to-day expenses often overshadows the importance of long-term financial security.