HOW TO SAVE

in #money7 years ago

download.jpg

SAVINGS

For these past days we have been talking about money, in this post we are going to talk about the advantages of saving.

Savings is the money set aside for the purpose of future use. A saving is a reduction in the amount of time or money that is used or needed. It is necessary and important for one to save for an unexpected emerencies.

We should put up a saving habit because it makes a person's financial support distress free in the form of emergency funds to counter any emergencies of life. And also it helps you to plan ahead and also gives a person financial discipline in life.

Savings also improves a person state of living and secures the future. This makes us understand that saving is very necessary in every day life, and i will take this great opportunity pto ask my fellow steemians to start saving from now, nobody knows tomorrow.

Thank You for reading.

U5drDHb5tGXC5ceVHLbiK6Woi3t1Rzc.gif

Sort:  

thanks for letting as know this, is very important

thanks bro, you are welcome

Saving is crucial, at the very bare minimum save 1% of your income. 10% being a good amount to set aside if you have a steady income. I now some people that are very frugal and save 50% of what they make.

Eith way having savings allows you to weather tough patches such as job loss or sickness. You can also invest in an opprtunity whenever it comes across your path.

SUre friend

Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase https://
3. Type re
Get Featured Instantly – Featured Posts are voted every 2.4hrs
Join the Curation Team Here