Do you save money for future?

India
May 24, 2007 4:57am CST
I keep aside a certain sum of money every month to be invested so that it can be used for future. Do you also save money for future?
17 people like this
42 responses
@youless (112595)
• Guangzhou, China
24 May 07
Sure, I've saved money for the future. It's hard to say what will happen tomorrow. Having more money is a good idea. If I am short of money, I think I will feel insecurity.
3 people like this
@maryannemax (12156)
• Sweden
25 May 07
having money saved in the bank is always good for us. as you've said, it's for the future and we'll never know what will happen financially to us. it's always better to have fall back options.
2 people like this
@teison2 (5921)
• Norway
24 May 07
I always try to save money. We just came out of a situation where we just had one income for 26 months. My previous savings was what saved us through this extremely hard period
3 people like this
@magica (3707)
• Bulgaria
24 May 07
No, i dont save. I have not so much money and usually spent almost all of them for my charges. And usually my debit card is empty too except the minimum what is needed.
3 people like this
@apsara60 (6610)
• Israel
24 May 07
I very much want to save money for my future, for my children, but unfortunately, here in this country it is impossible to save any money. I have loan on my head, I have to pay heavy taxes and bills. I India I was not even working still we could save some money, Here me and my hubby both are working like donkeys still we cannot save anything. And to add to it , since this country gives overdraft facility, we are already in big minus.......If only I will get lottary, then may be I will be able to save something...but I don't see any chance of lottary.........lol
3 people like this
@maribea (2366)
• Italy
24 May 07
i do the same as you. As soon as possible I put a bit of money aside so to have a sum to count on in case I need or for future projects. I am very proud of my ability in saving a bit each month and I thank my parents you taught me the importance of saving and giving money its value. I mean, they taught us we must always think about the work that is behind the money we have, and we must respect it and therefore being careful when spending money..even though you have money, you are not supposed to spoil it because there are people that have nothing to live on and because your parents or you or many others worked hard to raise this money..this was what I was taught
@whyaskq (7523)
• Singapore
24 May 07
lol. I just responded to one discussion whether I keep budgets. I spend within my limits and so whatever is left of my earnings automatically becomes my savings for the future. How much savings can one have for the future in such a manner, I really wonder. BUT, I just do have extra money to save.
@maryannemax (12156)
• Sweden
25 May 07
i used to be a money waster. but not anymore. now, i always try to save as much money as i can for the future. atleast i wanna have something in the bank in case of emergencies. i wanna try and save something for my future, too. atleast have some investments in the years to come through my savings.
2 people like this
@banta78 (4326)
• India
25 May 07
Yeah i save certain sum of money for the future as it is wise thing to do. Because one might need money to buy a property, vehicle, and so on. Or need in case of emergencies be it loss of job or for surgery... Besides like you said to invest for future though i prefer to be on the safe side of investments.
2 people like this
@TerryZ (22076)
• United States
24 May 07
Well its like this I certainly give a honest try.LOL But I always end up taking from it. Im finding it very hard to save these days. And I guess every one is with the prices going up all the time. Who can possibly afford to save.
@MsTickle (25180)
• Australia
25 May 07
I'm a low income earner and I like to have money in the bank so I save what I can. Recently I had my car repaired and it cost 2 years of my car maitenance budget, as well as 2 new tyres I needed a few months ago. How fortunate I had the money sitting in the bank. I have to start all over but at least I don't have the worry of a debt hanging over my head. I will just tighten my belt for a little while and use my money cautiously till I get back to where I was.
@beaniegdi (1964)
24 May 07
I think you are very wise in saving for the future. I always used to spend my money and when my husband left me with our 2 sons it made me realise how important savings are. If I had saved from being young then it would have been much easier for me and my sons. We managed but I got into a lot of debt from credit cards and loans, I have sorted this out now but had I saved I would not have had any problem.
• United States
25 May 07
If I made enough money that I could save I would, but I don't have a chance in that respect.
@ibsnet (1268)
• India
25 May 07
Obviously I do and I think everyone should try to save money fro future as the value of money is decreasing day by day. So better keep some for future than spend all in today's luxuries.
@kyutstudph (1263)
• Philippines
24 May 07
Yes i am saving money for my future. We should be practical nowadays in spending our money.
@aidonia (4209)
• Greece
24 May 07
I used to spend all the money that I earned ,until the day I be mother.Then I understand that now I have someone that I must care for him future...so I start save as much I can for my son and him future. I was hard working since very young so now I want try do the best for him.
2 people like this
@steerforth (1797)
• Italy
22 Oct 07
I would like to save money for my future but now I don't work a lot an so I haven't a lot of money to save.
1 person likes this
@cassidy22 (2974)
• United States
22 Oct 07
I have a Roth IRA as well as an employer sponsored 401(k). I've been putting money away in that pre-tax since I graduated from college over 10 years ago. I try to contribute to the IRA when i can. All of our invenstment accounts are doing fairly well, so we should be well off when we do plan to retire. I am NOT expecting Social Security to provide a single penny to me, even though a chunk of my paycheck each month is given to SS. I don't believe those funds are managed very properly, people are living a lot longer than expected, and the funds can't support the baby boom generation that is retiring right now. So i expect that money to be gone before I ever get any of it when its due for me, so I am focusing on my own investments.
1 person likes this
@KarenO52 (2950)
• United States
24 May 07
Everyone should save as much as they can for emergencies and retirement. When you're young, you never think you're going to get old or sick. Both of those things can creep up on you before you know it.
2 people like this
@jlara_gtr34 (3491)
• Philippines
24 May 07
hello there. :) yes, i do save money for my future because i really believe in the importance in saving up for my future. you see, i have a lot of plans and dreams that i want to live out and there are a lot of things that i want to do for me and my family in the future, when i save up enough money.lolz. :)
2 people like this
• Philippines
22 Oct 07
This is a question that can be answered depending on one's monthly income. Personally, i do save extra for the future. The sad part is that most of the people who are working are just earning good enough for their monthly expenses, worts, is that expenses sometimes may even too much compared to what they are reeceiving. I wonder if they could still save for a rainy day.