Showing posts from November, 2012

Why You Should Save Money

Many people, especially young people, do not realize the importance of saving money. These people are of the opinion that they should spend whatever they earn and enjoy life. But, at a later date, when they need money, they may not have it and so, they may lament that they have committed a mistake by not bestowing enough attention on this aspect. If you also have such an attitude towards saving money, the following few points and reasons will show you why you should save money.

- You should save money mainly for meeting unexpected expenses. Life may suddenly throw surprises and shocks. So, you can not assume that your life will always be smooth. You may suddenly need money and if you do not have it, you may have to borrow from others or look for some other source. It may be embarrassing for you to request some one to help you with funds. Instead of facing such a situation, it is better to make regular savings so that the money will be useful for such situations.

- Another reason for …