At times it is frustrating to save money_Why?

[Mikes smithen]

A lot of individuals find it very much frustrating to save money and this is because of so many reasons. The first and foremost reasons why many individuals find it hard and frustrating to save money is because they are not convinced on the reason and on the purpose why they should save money, we all should understand that saving money protects us from any form of financial risk in the future. We must also understand that saving money today means that we are getting financially prepared for the future which of course maybe crowded with financial crisis and problems.

Other individuals find it hard and frustrating to save money because of their minimum and low income rate and if they want to save they may not have enough to spend an enough to invest.

 

[Suba]

That's a classic reason if someone can't save because they have a low income, because saving doesn't have to start with a large amount but can start with just 1% of net income. Increase your will and make clear goals, such as in the next year you have to be able to buy a motorbike, so that You will be more enthusiastic about saving. Keep your financial condition healthy and avoid debt.

 

[moonchild]

It is incredibly difficult to save money on low income for example, if you live in a country where everything is imported which is translated to inflation on a lot of commodities, food can be incredibly expensive and you might find it hard to even use your salary to feed without borrowing from other sources.

Instead, the most sensible thing to do is to find a way to make more money, there are a lot of opportunities out there and you can utilize them to get you where you want to go, solve your feeding issues first before thinking of saving the remaining.