How can your association limit your saving habit

Axis

Banned
your choice of association is very important if you want to save many people have the desire to save money but at the end end up not saving the amount they were expecting because of one Factor or the other and this factor might be as a result of his associations. how can is association affect his saving habits.
your choice of a situation can I see you're spending habit in a way for example if you have friends or colleagues that are always materialistic or extravagant this might influence used to always spend your money on unnecessary things latest items such as clothes cars and other accessories and this may hinder your saving habit because your money you will use in specific you will not use it in purchasing items that might not be a necessary at that particular time.

but when you have association that can build you up financially that is associations that can inspire you encourage you to save up and also invest your money this can also facilitate your saving habit. and also making friends with people that are economical people that are contented not seeking for latest gadgets is a great way to achieve safe as a goal.so therefore it is wide and important to be watchful and alert when choosing doors we are associating with because it will affect us on our saving habit whether positively or negatively
 

Rubz

Active member
You are absolutely right. The people we mingle and associate with influences a lot of things we do and our saving habit is one of those things they influence. I believe everyone has noticed that the rich mainly associates with the rich and the poor mainly associates with the poor. There are exceptions in few cases though. The rich spend a lot of money on shoes and clothing, go on trips and vacations, buy expensive clothing and live in expensive houses. The poor and maybe average cannot afford such an extravagant lifestyle in most cases and so they mix up with themselves and are usually very cautious of their spending habits.
 

Heartstrings

Active member
You really do have a good point, your association can limit your saving and spending habits,a good friend build you while a bad friend ddestroy you,it is also good not to make whatever you do so obvious to whom so ever you associate with. Some friends are just pretending and doesn't want to see you progress far more than them.

If a person decided to make friends with those who are lazy and at the same time waste money anyhow,then it's likely he won't be able to save as he wants. Like attending clubs now and then,, parties,drinks alcohol,spend extravagantly then be sure you won't be able to save a dime,it happens that you will start imitating their lifestyle as well. That is why it is good we associate out selves with those who can add more value to our lives,gives us good advice and also motivate us in a positive way.
 

Carpon

Valued Contributor
It remains a fact that the people around you play very big roles in your life, your all round life. You may think that your company of friends influence you when you decide to allow them do so, but actually you have little or no choice to the general effect and impact that friends will have on you.

The kind of orientation you get from friends in the aspect of funds management and funds saving will affect the way that you implement such things in your daily life. You won't save well or save at all if your friends think differently about saving. If they feel that saving is unuseful and they do not practise it, they will convince you about that and stop you from saving as well.

And this tells us why each and every one must be mindful of the kind of friends and company he or she keeps.
 

Carpon

Valued Contributor
It remains a fact that the people around you play very big roles in your life, your all round life. You may think that your company of friends influence you when you decide to allow them do so, but actually you have little or no choice to the general effect and impact that friends will have on you.

The kind of orientation you get from friends in the aspect of funds management and funds saving will affect the way that you implement such things in your daily life. You won't save well or save at all if your friends think differently about saving. If they feel that saving is unuseful and they do not practise it, they will convince you about that and stop you from saving as well.

And this tells us why each and every one must be mindful of the kind of friends and company he or she keeps.
 
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