Why money saving is essential

[Mastergp]

If we look around our environment we will come a full conclusion that money saving is essential in human life, we all have want and needs so with money one could acquire all these, many people has many forms of saving money some of this form are very risky, and have put many in dangerous positions,
Money saving is also important because it help one to plan for the future, with money saving many persons could acquire asset, like houses, cars, business, in a business money saving play an essential role because for a business to move forward one need to save interest and in order to finance the business.

 

[Augusta]

The need for people to keep can't be overemphasized. I think this gospel will be from generation to generation it wouldn't just go away as long as the earth exist. This is because the use of money as come to stay and the only way to have money all the time is via saving. The worse hit time without money is during an emergency.
You wouldn't just know how to tackle a money demanding problem when it just crops up and you never had a savings.
I can tell you for a fact that it is is never easy to have an emergency and you have no money.

it is always good to save and you would reap the benefits when the time comes. Savings will give you peace of mind and make you know that you can tackle future financial demands without issues. You would be able to live a better life in future since it is guaranteed with your savings

 

[Jasz]

It is important to save money, because when you don't have a lot of money, it's difficult to buy things. You might have to wait longer to get something you want or need. If you can't afford things now, you'll probably never be able to afford them later.

Saving money is important for many reasons:

1. It will help you be able to buy things later on when you are older and have more money.

2. It will help pay for your education later on. As you get older and start college or university, there will be a lot more costs involved and if you don't save up some money early on, then it can become very difficult for you later on in life.

3. Saving money also helps with retirement planning by helping pay off debt such as credit card bills and other loans that may have been taken out earlier in life before saving enough money for retirement was an option.