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What Mistakes Make It Difficult for Young People to Save?
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[QUOTE="Kendy, post: 228400, member: 63869"] I presume one of the reasons young people find it difficult to save money is lack of insight and inability to set their priorities straight. I have come across many individuals and student who do not think ahead of the future, when once they have leverage of enough money, all they think about is how to spend it on; fashion, mobile gadget and assorted types of food. No doubt, it is good to enjoy the pleasures of life but at the same time, you should be disciplined in thinking about the future. The mistakes that make it difficult for young people to save is the inability to manage their funds. So many young people are so engrossed with pleasing others due to peer pressure. I had a friend who works and earn about $200 but at the end of the day, someone who is not working would have been more productive than she who claims to be a working class. The issues is that her priorities are not set straight and even when I bring this to her notice due to excessive habit of loaning money incuring debts and also having this entitlement mentality, she gets flared up which I just had to back down. When once you are indisciplined with money, then it will be a very great barrier to savings. [/QUOTE]
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What Mistakes Make It Difficult for Young People to Save?
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