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Money Saving
How to improve the habit of saving.
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[QUOTE="Kingsley, post: 220992, member: 30278"] Well there are so many factors that is standing as an hindrance to saving this days unless we don't want to be realistic with ourselves. We all know the formular for savings is simply income after tax minus consumption the remaining money this is left should be kept as task but the story keeps changing by the day due to the harsh economic situation we have found ourselves right now where people will struggle so hard and they will get a result such as this " income after tax minus their consumption gives a negative result which simply implies that their salary was not even enough for them to take care of their consumption let alone save as they will still need to take up loans to balance up the equations. It is indeed a very pathetic situation as people are really struggling to meet up with all the challenges that we are currently facing. Now their are people who run t herir businesses and lives on loans. So tell me how do we expect such people to save a damp when they even use their profits to pay up interest on loans. Some have been become bankrupt. Hence it is very hard to even save in the first place. [/QUOTE]
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