make money to save-right or wrong?
By riyasam
@riyasam (16556)
India
May 21, 2009 1:07am CST
i have friend who had to go to dubai for work,he was earning handsomely there and used to live life kingsize.after a few years,he had a accident,and he had return to india as the government there put a ban on his coming to dubai as it was proved he was driving under the influence of alcohol,he hadnt saved and he didnt have proper education also,now is poor parents have to give the money for his needs..
5 people like this
18 responses
@dpk262006 (58676)
• Delhi, India
21 May 09
It is really sorry state of affairs that your friend is at mercy of his parents because of his accident. I think, he cannot carry like this for a long, he will have to find some source of income or job to sustain himself. He should try to do whatever is possible within his means and capability, because if he becomes independent, he would be in a better position to lead his life.
@dpk262006 (58676)
• Delhi, India
22 May 09
Pl. tell him that something is better than nothing, he should grab the opportunity, whichever comes his way.
@winterose (39887)
• Canada
21 May 09
yes it certainly would have been better if he had saved that is for sure, but oh well he didn,t
2 people like this
@bbsr13 (4196)
• India
21 May 09
Hello! Money is important in our life.Earn money and spend judiciously is important.When I was in service I was saving 25% of my income every month.And after my retirement I have constructed a house in the city and living comfortably.So it should be every body's motto to save a portion of his income for a better future.By this we also help the government to invest our money in developmental works.Your friend did mistake by spending all his income when in service.He had not planned for his future for which now he is feeling guilty.So try to save as far practicable for your future.thanx.
2 people like this
@ANTIQUELADY (36440)
• United States
21 May 09
i feel sorry for his parents not for him. people should think about driving when they are driving. not only are they in danger but they endanger everybody else.
@ANTIQUELADY (36440)
• United States
22 May 09
i learned a long time ago u can't depend on anyone but yourself. so everyone needs to get their ducks in a row on their own. sad but true, u learn the hard way.
1 person likes this
@maygodblessu44 (7336)
• India
31 May 09
Hello my friend riyasam Ji,
It is really very sad. But I think, there is a education behind, which keeps alarming
everyone of us , what is good and what is bad. I do not know, what people get out of
drinking. As a Indian woman, for me it is out of question, and my hubby never sipped
so far. He is of the view, that more than alchohal, tehre are many intixications
May god bless YOu and have graet time.
1 person likes this
@maygodblessu44 (7336)
• India
2 Jun 09
Hello my friend riyasam Ji,
So nice of you for your positive comments.
May god bless You and have a great time.
@Unbreakable28 (199)
• United States
21 May 09
I think that you should never, ever live as if there's no tomorrow. You always have fun and enjoy life, but a: saving a minimum of 5% of your earnings and giving 10% to charity will get you a lot further then being the life of the party. Also, it sounds as if your friend has a few other problems beyond the lavish lifestyle. Why wasn't he putting money aside to take care of his parent instead of vice-versa? Why was he drinking and driving?
It sounds like he needs to re-evaluate his life in general and figure out where he wants to go.
@Unbreakable28 (199)
• United States
22 May 09
It's not so much blame as he needs to take responsibility for his actions and look at what brought him to the place he's in now, if he doesn't he'll never learn or grow and keep repeating the same mistakes, which is the definition of insanity.
@sukumar794 (5040)
• Thiruvananthapuram, India
22 May 09
It is a big truth that if you do not save sufficiently enough in times of prosperity ,you would be in deep trouble when you are in dire necessity of funds.
1 person likes this
@coolmailraj (2460)
• India
22 May 09
Hi.
Seeing the situation your friend is in, one should save.
But it should not be saving only, when there is a need for spending then do spend and when there is a scope for space something, save.
@patialvi (715)
• India
22 May 09
sorry for your friend but i think its not possible for some people to save anything for future. I am in the same condition, not able to save big money for the future, its not that i am living luxurious life but the fact is that the inflation is very high and the product we use to buy are more expensive then before.
@carrine (2743)
• Philippines
22 May 09
gosh, very sad story then, thats the important of saving a small amount in every pay day. because we dont know what gonna happen tomorrow. savings is for our own sake actually, and people had a hard time doing it, even me honestly . but not i save every single cents of my income. even a little but it counts a lot.
1 person likes this
@anniefannie (1737)
• United States
22 May 09
he is like a lot of people that have good jobs they spend like they will always have this good gob but with things like they are now no gob is safe.any one could lose their gob,they could get sick and loose that gob.
@phyrre (2317)
• United States
21 May 09
I think it's very important to do both. Always save some amount of money for the unexpected because unplanned things do indeed happen (like my mother had to pay $1,000 to have cancer removed from our dog). Because unforeseen things are a part of life, it's a lot easier to have money to get through them than to not plan for them at all.
Of course, it's also good to spend money, too. Don't confuse frugal with being a miser. Just because you save money doesn't mean you can't afford some wants every once in a while. It's good for your moral and your spirits to be able to buy the things you want.
You just have to find that healthy balance between the two.
It's a shame that this had to happen to your friend, though. I'm very sorry to hear that.
1 person likes this
@mayka123 (16605)
• India
21 May 09
We do need to save for any kind of emergencies. When my hubby expired I did not have a job but had some savings which I could manage for some time. But when things got too bad and I was still not getting a job I had to finally sell my house and stay in a rented place. Now I am trying to save as much as I can because the future is very unpredictable.
@comfort55 (1574)
• India
21 May 09
Riya, I think if we compare with other country citizens, most of the Indians have a strong habit of saving from their earnings. I don't know why this guy didn't save the money, otherwise this habit of Indians is appreciated worldwide.
1 person likes this
@savypat (20216)
• United States
21 May 09
This happens so often to young people, they have no sense of planning for the future and assume that things will remain the same. Older people know that nothing remains the same and if you can save today for tomorrow you will be so much better off.
@jayrene (2708)
• Philippines
2 Jun 09
i think saving money is never really wrong. but we should do it the right way. if we earn we should be also spending some for ourselves because we work hard for it... i mean to save all the money is not also good, but it is not wrong.
a person should set an amount on his savings from his earning for emergency or when he/she will be facing hard times, like what happened to your friend. if he had saved money from his earnings, he could have started a small business when he got back home and lost his job, that way he would not depend on his poor parents.