As we all know that money is really important for all of us. It is often said that we can’t buy happiness and that is true to some point but it is not true always or we can say completely. If we have money, we can fulfill our dreams or long lasting desires, we can live a luxurious life, can get an access to better education and other facilities, we do not have to borrow money from anyone and many more things are there which money can provide us. We should try and save money, not only for ourselves but also for the people we love. There is no harm in saving money rather it provides us with a secure future. Moreover, it is not a difficult task to do, all we have to do is manage our expenses and spend less on things which are of less importance. Saving money does not mean that we have to kill our desires and then save that money for future use. It only means that we have to spend wisely and spend on things which we need. There are many reasons which make us realize the importance of saving money. This article consists of the top 10 reasons to save money.
10. IN CASE OF EMERGENCY
We never know what is going to happen in future. We cannot predict anything about the future. It may be possible that we can win a jackpot of 1 million rupees but it at the same time it is also possible that we go bankrupt. Whatever the situation may be, we have to keep ourselves prepared for it. Emergency can occur any time and can be of any type such as a family emergency situation, health emergency, certain occasions can come up, accident emergency, and many more. We always pray that nothing bad should happen to us, but god forbid if something happens, we have to stay prepared for it in all ways whether it is mentally, emotionally and financially. If we have money saved with us, it will help us to cope up with any kind of emergency and at the same time will help us feel mentally strong.
9. FOR RETIREMENT
Everyone is going to retire from their jobs, one day or the other. No one wants to be dependent on others after that. If we have money saved with us for the retirement, we do not have to ask for it from others. Nowadays, many children send their parents to old age home which is the worst thing that anyone can do to his parents. But still there are people who do such kind of kind of act and do not think about their parents. So, we should save money so that we do not have to stay dependent on anyone even after retirement and moreover it will also help to maintain a healthy relation between families and will help to keep them together.
8. TO FULFILL LONG LASTING DESIRES
Everyone have desires which have not been fulfilled. They can be either having a world tour, buying a new house, buying a particular car, going for a vacation to a particular place and many more. Everyone have different desires. So, this is another reason because of which we must save money. Saving money will help us to fulfill that desire. Also, there are many dreams of ours which cannot be fulfilled because of lack of money. Thus, we should save money so that we can follow our heart and fulfill our dreams and desires.
7. HELPS US TO BUY TIME
Many a times we are not sure about what to do with our career next. Sometimes, we just do a job because it has a lot of money and our passion is in something else. It is not easy to just switch our career and give it a U turn instantly and then follow our passion. This is only possible if we have money saved with us as it buys time for us to start something new and different as we do not have to worry about the source of income to manage expenses.
6. PROVIDES FINANCIAL FREEDOM
Money also helps to make us independent. Saving money means, we always have the financial freedom to do what we want to and buy what we like. We do not have to ask for money from others if we want something badly. If, we have money saved with us, we will have the freedom to take the decisions to spend that money according to our interest as it is our money. Thus, saving money provides us with financial freedom and also makes us independent.
5. PROVIDES US WITH LUXURIOUS LIFE
Who do not wants to live a luxurious life? Everyone desires to have a life which has all types of comfort things, a lot of maids, a big car and many more things. We can have access to all these things if we save money. Although, it may require a lot of time to save such an amount of money, but as it is said, where there is a will, there is a way. So, saving even little amount of money will convert into a big amount one day which then will provide us with a luxurious life. So, we should start saving money as soon as we can, if we want to have a taste of deluxe life.
4. PROVIDES BETTER EDUCATION
With time, things are becoming more and more expensive every now and then. It is not possible for everyone to deal with such rise in prices. With other commodities, even the education is becoming expensive. We can try and cut off our expenses in other things, but if we want to be successful, it is very much important that we get better education. If we are educated, we can shape our life in a good way and can make our future bright. So, we should save money, so that in spite of rise in prices, we can provide ourselves or our children with better education which will ultimately leads to a bright future.
3. HELPS TO BUILD CHARACTER
Saving money also helps to build our character in many ways. It induces in us many qualities such as it makes us all the more responsible, independent, and many more. It will help us to take decisions wisely and with responsibility. Thus, saving money will modify our character and will build it in a good way.
2. IS A CAUSE OF HAPPINESS
If we want to buy something really badly and we have sufficient amount of money for that, it will make us happy. We feel good when we don’t have to borrow from others and have the capability to solve any problem on our own. It gives us a sense of inner satisfaction to have done something without the help of others. We thus begin to respect who we are and this makes us happy. Thus, saving money leads to inner happiness and makes us thinks good about ourselves as we do not have to beg in front of anyone for money. Also, if we are happy, we will stay healthy and fit which will keep make the people close to us all the more happy.
1. TO BUY PROPERTY
As we all know that value of land always increases and will never go down come what may. So, if we have saved money we can even buy a piece of land or property, which is like an investment that will lead to enormous profit as the price of land only moves in one direction and that is upwards. We can buy a piece of property and sell it in some time which is a way of doubling our money. So, saved money can also be used to buy property and thus to make more money out of it.