Saving money good?

@ajithlal (14716)
India
January 26, 2013 12:06am CST
Some people spend all the money they get with lots of things they need and need not wanted. Some buys latest electronic goods all the time and spend all the time. Is it wise to live a high end life with all the money we get or is it good to clear all the bills and debts and be current on finances and to save money for the future? Does buy things we do not need give us real pleasure?
3 people like this
10 responses
@jenny1015 (13366)
• Philippines
26 Jan 13
We could be lucky to have a lot of money today, but we should always make it sure to save some for future use. Well, being like the rest in having the latest gadgets or be having all the expensive clothes could be not that wise at all....not unless you are a son or a daughter of some Multi-Millionaire or Billionaire.
2 people like this
@ajithlal (14716)
• India
28 Jan 13
I think it is good to save money.
@Hence27 (450)
• India
26 Jan 13
Money is important and everyone of us think that money should always attached with him/her forever.But if they spend their hard earned money in such a way,then how can they save for future. I mean to say that we should save our money and if needed,then only we should spend it or you can say that we should spend in wise manner.So if we lessen our need,the more money we have.We should invest our money.We have to be very careful regarding money.We should know money-management.
2 people like this
@ajithlal (14716)
• India
26 Jan 13
I also think it is good to know about money management and know how to spend money wisely.
1 person likes this
@Dominique25 (9464)
• United States
26 Jan 13
I think it is hard to balance these things. Not that I have the financial means to buy all of the new and latest gadgets. But I do like to shop and buy myself reasonable things every now and then. I do think though that saving should be more important than spending. I'm working hard to be able to get out of debt as well as save money. I will feel so much better when I no longer have a lot of debt.
1 person likes this
@ajithlal (14716)
• India
28 Jan 13
I also think we need to keep the balance of saving and also spending.
• Philippines
26 Jan 13
Well I'm having a hard time saving my money. Though, I agree with you that we should spend our money wisely. We should learn to spend it in a proper way and not just for unnecessary things. :)
1 person likes this
@ajithlal (14716)
• India
26 Jan 13
Money saved is money earned.
@edvc77 (2140)
• Philippines
27 Jan 13
We really have to spend our money wisely. I buy only what I need. I save money and even coins somehow I can use them for emergency. We really should save money and live a simple life.
1 person likes this
@ajithlal (14716)
• India
28 Jan 13
I also think that it is good to spend money wisely and save money.
• United States
26 Jan 13
Yes, It's not good thing if you are buying such things which u really not needed specially physical things . one thing if u are investing your money to making u healthy or eating good food with money .. it's not wast of money it's correct way of spending money!
2 people like this
@ajithlal (14716)
• India
26 Jan 13
I also think that some people buys things they do not really need and buy them just to show others that they have such kind of things.
1 person likes this
@dandan07 (1906)
• China
27 Jan 13
Most people in China, especially the elder people, have the habit of saving money for the future life. There are many reasons for them to owning the habits, but in my eyes, the most and foremost is lacking of social security. Only a few people in the country can depend on themselves to cover all their old lives. Asking children for help is a choice, but the burden on the young people is quite high, so they try to save some money before retire. To many young people, they now have many credit cards and almost spend all of their incomes to covet their daily life or to buy some electrical equipments, such as cellphone and laptops. I think if they can learn some things via the equipment, it is not a way to waste money. But if they can not make full use of the equipment, they really should think over how to spend their money in a wiser way or try to save some money in the future.
1 person likes this
@iva75cpb (729)
• Bulgaria
26 Jan 13
I think it is stupid to buy stuff we don't really need. High life style can make us feel happy for some time, but to me such happiness is quite deceiving. It's always better to save the money for a point we might really need it, in times when all our other resources have been spend and we need money. Better clear out all our debts and bills first, buy the food and clothes we need, and then think about spending money on material stull we don't actually need for any other purpose but to show off.
1 Feb 13
Saving money is probably the smartest thing you could do with it. Some people are having fun with their money, But in the future, when you can afford to do more things, And maybe retire earlier. They will all regret not saving money. When they are stuck at work, Living paycheck to paycheck. Happy mylotting!
• India
26 Jan 13
ya dear its good to save money.....some time we spend our all money to purchase some valueble things. its right but some occasion we need money for personal time . people not thinking about his future some time we spend our monet some electronic goods, mobile recharge and some needy things. there are many reason but finally i can say that money is so important in our life...so we understand his value not spend money for unvalueble purchase. once time i spend my sallery in cricket betting and i lose this money and some money i purchase mmobile and some electronic thing . after that i need some money for my mother and father but i have no money that time. taht time is so hard for me. i am so sad on that time. that day my father sad to me son its so important that what do you do in your life. its good you are sattle in your life but some important occasion we need money so please learn save the money. so i learn on that day that money is important so learn save tham...?
1 person likes this