What You Didn't Know About Savings - Ask The Rich

Tuesday, February 27, 2018

What You Didn't Know About Savings

The importance of saving is not a way of accumulating money greedily as some explain it! 
But it is a system to reduce the shocks of life and improve the quality of our lives and the lives of our families, and this is evident in times of financial emergency and crises that happen to us unexpectedly, where we need some money to remedy the situation...

The main objective of saving is to have the money you need in unexpected times or circumstances. 
It is a strong insurance system...In order to be able to provide a decent, more prosperous and quality life for ourselves and our families, we need to save some money for some things that can be expected.

Also, for example: saving money to own a home, if you have saved enough money you will not need to borrow, or at least you will not have to borrow the full cost of owning a home.
What You Didn't Know About Savings

    The importance of savings

Maybe someday you have to start a private business, but you may not have enough capital to build the project, unless you have a good financial vision and financial planning and you are consistently saving...

    Savings can usually be earned

As long as you have an income that covers your daily and monthly consumption, you can actually save 10% of your total monthly income. 
What you need to do is start by recognizing the importance of saving and your maximum need in your life, and then you should decide to consistently save your total monthly income.
It is usually possible to gain, through faith in it first, and then through its practice and steadfastness on it. Your faith in the idea...is important and the returns will make it easier for you to control your financial behavior and activate the saving habit in your system.
There are several options you can think about if you are a beginner in a savings job...You find psychological resistance, for example, and feel that you need some external support.
These options - which may seem funny - can encourage you to continue and persist in your quest to save, even when Your enthusiasm is reduced, your feelings about saving are lost and you start to feel that you are not ready to continue...
Read this:

    The banks usually provide several types of savings accounts, some of which are (closed) and can only be withdrawn after a certain period of time, sometimes a few years, and some accounts are more flexible...

    Put the money to save each month in large money in the house, and you can keep the key out of your hands to put it at a relative or friends, for example! A little embarrassment will not kill you!!

    You can also suggest that your husband or wife or a member of your family is trying to acquire the habit of saving and that you need to follow it! You will receive the money monthly for one year.
At the end of the year, the money will be deposited into your savings account, and you can give that person the right to ask you if you do not receive the savings on time.

This is generally better than saving!!

Another advantage you will get when you are on your way to gaining savings habit. 
This habit will put you on the right track and be a real start to your entry into a new atmosphere of responsible financial planning and ambition...

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