Does Financial Crisis Teach You How To Save?
By Gwapako_28
@Gwapako_28 (2140)
Philippines
March 2, 2009 12:27am CST
Definitely financial crisis teach me MUCH how to save. Before, i really dont care if i save or not from my monthly salary because i know, anytime, i could have an income from my payroll work. But lately, the company im working with was temporarily cease the operation. It means, i dont have an income for that no operation months. Right now, i have a part time job from my sister firm and fortunately, no matter how small i got from that part time job, i always have little amount to save on my pocket/wallet. Lol! I cant imagine that this time of crisis, this is the only way to teach me how to SAVE!!!
How about you? Did financial crisis teach you also to save?
1 person likes this
5 responses
@bbsr13 (4196)
• India
2 Mar 09
Hello! Everybody is aware of the present financial crisis as all are effected directly or indirectly by it.Now we are cutting down unnecessary expenditures to cope with the income.Let us continue this practice so that when the crisis would normalise we can then save some money for our future.I had been saving a portion of my income from the beginning of my career and after retirement also I am in the habit of saving.Now I have cut down all unnecessary expenditures and just managing with bare necessities.thanx.
1 person likes this
@alankor (478)
• Singapore
2 Mar 09
in times like this, the natural choice for us would be to save.as some people put it, saving a bit of here and there would eventually accumulate.i have been cutting back on my expense and only spends on necessities.sometimes,i will walk a few hundreds meters instead of taking the bus just to save on the transport fares.i hope people can make use of this financial crisis to upgrade themselves and learn more about financial planning.
1 person likes this
@aprilten (1966)
• Philippines
2 Mar 09
Even before the financial crisis strike I've been putting aside part of my income as savings. I always believed in the saying 'save for the rainy days'. Since high school it has been my practice to save some of my money in a 'piggy bank'. That's what my parents taught us.
@grecychunny26 (9483)
• Philippines
27 May 09
Actually it not only teached me but it forced me to save money. Crisis teach me to tighten my belt and to think the primary needs of my family to be my outmost priority.In this way I have the control of spending my money.
@AMOORA04 (115)
• United States
5 Mar 09
The financial crisis has made me more aware of what I am spending and how much of it. It has made me aware of things like coupons rebates and the word free. It has inspired me to create a blog to help others find free things and how to cut down on expenses. Please visit my blog http://amoorasfrugallife.blogspot.com
I update my blog daily with new advice and on ways to save money. I also add uses for items you already have. I hope my blog helps you! Feel free to pass it on to others who may benefit from it as well.
