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Money Saving
Disadvantages of saving money.
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[QUOTE="btaliat, post: 230855, member: 26390"] It is errreneous to conclude that saving doesn't come with its own disadvantages despite the fact that its advantages is so numerous. The following are the disadvantages of saving. Saving denies the person of good life. There are some things that are necessary to buy but we may not want to buy those things not because we don't have money but we must not buy them because we have some saving goals that we must meet up with. I have known some people that won't even have subscription on their decoders just because they don't want to spend extra money subscribing. Not only that, saving is not even encouraged because economic is not predictable. There may be inflation which will make the money to lose value. It will amaze you that what $50 in Nigerian money could buy some years ago, the same amount cannot buy those things again. This means when we save, the effort may be wasted when inflation sets in. Saving cannot make one's rich. You can never see someone that save to riches. It is not possible. Some have been saving since all these while and the only thing that can benefit from that saving is the fact that they can still the capital they have been saving and not reasonable amount added to them as the interest. [/QUOTE]
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Disadvantages of saving money.
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