The Advantages of Saving Money
Everyone must work to live, but many people are fortunate enough to makemore money than they immediately need. What should they do with this extraincome? While it is tempting for people to spend it all on things they desire, Ibelieve it is better to save at least a portion of the
extra income for thefuture.
By saving money, people give themselves more security. They cannot predictthe future; perhaps one day they will be jobless. At a time like this theirsavings can spare them a great deal of suffering and help to see them throughthe hard time. In addition, saving money allows people to build up a larger
sum.They can then buy something more worthwhile than the small things they can butif they spend the money right away. For example, they may be able to buy a housewith their savings. Finally, he practice of saving helps people develop thehabit of setting goals and planning for their future. In this way they are boundto lead more meaningful and successful lives.
Most people would like to enjoy their money immediately. Nobody likes towait for the things that he wants. However, if we learn to save our money, wecan gain more advantages in the future. We will lead more secure and, thus,happier lives. We will also be able to buy the things we truly want but cannotafford right now.