Some people neglect this principle of saving because they think it is not necessary. They think or feel it’s ok to just earn and spend it all. After all money is meant for spending, they say.
Yes I agree with you, money is meant for spending. But, it is not bad and will never be a wrong step if you save a certain percentage of what you earn or receive each time. You can never tell what will happen any minute from now, and the money you have been graciously saving will be a source of help to you. Always consider future occurrences.
Asides from putting the future into consideration, your savings can enable you start up a small business, a foundation, a pet project, or better still, you can invest it in a profitable business.
Saving is not a big job but requires some level of discipline. Choose the percentage you wish to save, put it in a place you cannot reach easily. If it is a bank, make sure you don’t have access to the ATM card. You can also decide to keep it with a trusted friend or a relative. Allow it grow until you have need for it. And trust me, you will be amazed at how much you have saved. It will go a long way in encouraging you to do more. Most importantly, your result, success or testimony, can serve as a pointier for someone else.
Don’t spend it all.
