the important of saving money Nowadays, money is important to us in our life. Without money, many thing will not success and we will get many problem and tough in our life. Every people think that money is important for them, all of us work hard to hope can get more and more money. The money is wont enough in our daily life. We should save the money that we have but not use all of it.
By using the money that you have provided for spending, you can buy the shoes that you really want and still be contributing to your savings. Your life will become more enjoyable because you don’t have to worry about money when you are spending. Another area of consideration is you can save money in case of an emergency. The reason you want to have three to six months of expenses saved up is that the most common reason is for the need of an emergency fund is due to a sudden loss of income. If you or your spouse loses a job you still have bills to pay and it may take a few months to find suitable new employment.
Paying attention to how you spend your money will allow to see opportunities to cut back. However, savings should be the money you set aside before you spend. In short, you need to pay yourself first before anything. I feel like it’s your life so you can spend your money however , but spend it wisely. Make it easy by setting up an allowance from each paycheck to your saving account.
to me saving money is important because when I don’t have the money to do what I need to do that is a need. I can always go to my savings account and take out what I need. Budgeting is collecting not spending money unnecessary money. 2. List two examples of goods you have purchased in the past or may purchase in the future.
Also, clothing, insurance, car payment or buying a used car, and many other things we use every day. No one would ever consider a telephone or a computer a need, but in today’s society, between important communication and school assignments, some technologies are also needed, and are usually very expensive and raise the need for more money. Even those of us without home internet access, we use public or school computers, but money was still needed to buy them. In today’s society, it is nearly impossible to live without money. Since the definition of a
Is this true? Is saving money important? We can’t predict the future. If we could, we would know precisely how much money we would need and want, but obviously this is not possible. B. Thesis Statement: Saving money brings significant benefit to the financial status of a person, and it is helpful to reduce personal economic risk in the future.
Employees should be utilized to the best of their competencies and therefore reducing unnecessary costs and lower time-cost ratio of productivity. All employees incur cost whenever they are on the clock; so they need to be in productive roles in order minimize cost. Recognize engaged and disengaged workers; develop a plan to improve the level of production; the problem might be that they were placed in the wrong role. If productivity cannot be improved; they should be terminate and their role should be given to engage employees. Additional cost is saved by reducing nonproductive labor hours, and other benefits.
First, through their taxes, poor families subsidize rich students who can easily afford to pay fees. A second point is that spending government money on free education is often not possible or desirable when a country needs hospitals, roads, and primary or secondary schools. Furthermore, when people get something free, they often do not value it. If college is free, many students will go there just because they cannot think of anything else to do. There are certain families who cannot afford to pay for the education of their children.
Once we are on our own we need to pay rent, and money for rent can often be considered gone money. It really counts for nothing and could have better uses like saving for our own place. Once we are paying rent it is hard to make savings, sometimes we end up borrowing money from our parents or friends, or asking for an early check at work. Whatever the case is, it can be very difficult to save money. On the other hand, when we live at our parents’ home it is such a blessing because it cuts our living expenses drastically, not only in rent but bills and groceries too, allowing for some of life’s little luxuries such as going in a two weeks’ vacation.
When shopping for food get the basics all that extra food is not a necessity and will probably go to waste. • An important thing to keep in mind when saving money is setting goals. When you set goals it will be hard to follow at first but once followed it will come as a second nature. Make your goals according to how much you need to save. • When making a budget plan ahead for upcoming expenses, such as gas for the month.