Johnson2468
Valued Contributor
The ability to save money can be difficult for many people. There are various reason as to why this can be the case. The sense of urgency that comes with spending money is one of the factors. When there is an immediate reward or advantage, such as a new purchase, it can be challenging to resist the desire to spend money. Some people may also have trouble controlling their impulses or delaying satisfaction. Another factor may be a lack of financial literacy or education, which can make it difficult to understand the importance of saving and how to effectively manage money. Finally, some individuals may be living paycheck to paycheck, making it difficult to set aside money for savings.
