Personal savings
By tweetyfe
@tweetyfe (191)
Philippines
July 25, 2012 3:54am CST
Every payday i'll try to save 1thousand pesos for the future needs, these is important part to save money every payday. The reason why it because i can prepared all needs in the future.
11 responses
@nyssa102 (748)
• United States
25 Jul 12
Oh, this is so fun for me. I'm not a shopper, I'm a saver by nature. I am my happiest economically when I can save money and put it in the bank. I'm working on a good future now,where I hopefully will make a good living for myself and be able to put money away in the bank. Yes, I agree. For me whenever I put money into a savings account,I get the 'shoppers high'. I am looking for more jobs so i can have another one where I put money away. This is the absolute truth. When I put money into a savings account I get 'high', when I spend I do not. I do not like spending money at all. That is a strange relationship with cash. But it's the truth, the more I can save, the more fun I have with it!
@Raine38 (12250)
• United States
25 Jul 12
I also used to do this when I was still working. As soon as I receive my pay, I already take out the portion that I put in my savings account. Whatever's left shall be for my expenses and bills. That way, even if I spent it all, I know I have already some savings put away.
Now that my source of "income" comes in the form of household allowance from my husband. I still do the same. I take out the savings that I want for the month and the rest I budget for our bills and expenses that month. It disappoints me if ever I go over the budget and I have to ask for more.
@akash009 (452)
• India
25 Jul 12
hello,
It is very much necessary to save for future use. Savings are required for emergency purpose and everything. We need to always save some money and keep it for our future use. we never know what will happen to us in the near future. So we need to be ready for any kind of emergency , thats why we need to save some money all the time. Whatever may be the amount that does not matter. But savings are very much important. This thing we should always remember. Never forget that.
@tweetyfe (191)
• Philippines
26 Jul 12
hi thanks for sharing response i agree what you say, savings is important for emergency purpose always keep it for the future use, I like that... How about you guy's did you experience in your life to save your excess money in the bank? what is your experience share it now?
@wahwee20 (66)
• Philippines
26 Jul 12
We really have to save money for our future needs, and unexpected emergencies.. Because not all the times, our earnings is enough. Its also good that aside from saving it to the bank, you can also use your money into something you can provide as investment or other source of income.
@tweetyfe (191)
• Philippines
17 Oct 12
100% correct ate wahwee, sometimes our daily earnings is not enough for the daily expenses maybe more than that, why to save if my earnings is enough for the daily expenses a day? well i suggest if the situation like this don't hesitate to pursue yourself to seek how to earn an extra income. So if you earn an extra income, this is the time to save money for the future, and the other benefits to our company is part of your savings, try to loan your benefit like sss and pag-ibig, and then create a small business after you received your benefit, i think this is the another way to luxuriate your personal savings
@roshigo58 (4859)
• Pune, India
26 Jul 12
It is a very good habit to save for the future. Everybody is worried about his future, some dreams are to be fulfilled, children education, pension after retirement from a job, weddings of children, unexpected and emergency expenses and for that purpose saving is essential. So that you are financial sound and self dependent. Continue this practice.Best luck to you.
@tweetyfe (191)
• Philippines
17 Oct 12
thanks roshigo, many people not concern the future, the only concern is the daily basic needs and other luxury needs, so many people worried about the future because she/he cannot save the excess money for the future. Many people are blessed if the daily earnings esteem and the other excess is save for the future, the take advantage of personal savings is to fulfilled your dreams in the future, like education of your child, unexpected emergencies and others, personal savings get past anytime you want. How about you did you save your extra money?
@Suggar (3606)
• Bulgaria
25 Jul 12
Saving money is a great thing when you are really able to put some money away for future. Unfortunately I don't have such option for now, but I would love to be able to save up in future for emergency moments.
The bills call us all the time, use our mind and make us stressed. There is no better healing of this problem than paying them and making your mind free and relaxed to be able to move on working for the better.
@opportunity2u (247)
• Malaysia
25 Jul 12
It's good to have this habit. Well, saving in bank is not a good idea. You should opt for some investment tools that make you more returns from your saving which can overcome the inflation rate.
@vidhyaprakash_2 (7116)
• India
25 Jul 12
Each and every person must have personal savings and save some money for their future. We don't know what will happen in the next second, if we spend our money lavishly, we may face financial problems in the future, so every one must avoid unwanted spending and save some money for the future, it will help us whenever we need money for emergency.
We must keep up the habit of saving some money in the payday, i.e we must allocate some money for saving in each and every pay day. As we know about our spending and save a certain percent of money in your savings account, it will surely help you in your financial emergency. If you don't have this kind of saving habit previously, you can start to save money from the next pay day. It will help you a lot to face all your money issues without fear.
Don't save all the earnings, just save a part of earnings. Some persons will spend a lot in the pay day, they must surely avoid this activity and save the money for the future, this kind of wise activity will help us when we need money. Saving a certain amount of money in every pay day will give satisfaction to us as well as it will give surprise by growing as a great amount and help us when we need huge money.
@jaykenneth (43)
• Philippines
25 Jul 12
be sure to hid it when needed, most people are one second millionaires, I too saving money, the best thing to remember is that we should live below our means, if there's too much, be open minded, there's someone in there hungry or is sick, we must not be blind every time we have much blessings,. Others or most ignore them because when they have this, they surely don't feel any problems with them and don't like to bear others burdens,. every payday, I give food to street children, and donations for a cause...
@tweetyfe (191)
• Philippines
26 Jul 12
we have a different people in the world, 1st.a person notice to explain one day millionaire 2nd. a person economically how to budget the monthly income this is the kind of people, so if you are a person notice to explain one day millionaire your budget is not enough for your daily needs, but if you are a person economically budgeted your daily expenses im sure this is the start to save your excess money.