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Money Saving
Low income is the main obstacle for not saving!
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[QUOTE="Alexandoy, post: 223199, member: 25510"] Before I got a job I was saving a little money from my school allowance. But when I started working and having a good salary I seemed to have momentarily forgotten my savings. It may be extravagance on my part because I had become too generous with my family. I got a feeling that I was a big shot so when there is an extra expense I would offer to pay for it. After some time I realized that I was spending too much not only for my parents and siblings but also to my friends. That may be the reason why people think I was rich because I easily part with my money. So many have borrowed money and so many have asked for financial help. It was ironic that I had helped a lot and I was there wallowing in debts. In the years that followed, I slowly shifted to a new lifestyle of being frugal. At least I had the support of my wife so I got bold enough to refuse when someone would come to borrow money or to seek financial help from me. With the low income, I think we just have to cut down on the expenses to be able to save even just a little from our income. [/QUOTE]
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Low income is the main obstacle for not saving!
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