Keeping money is essential

[Starmix]

Keeping money is an essential aspect of financial management. One of the ways to do this is by creating a budget. Start by creating a budget that outlines your income and expenses. This will help you track where your money is going and identify areas where you can save. Another thing is to track your expenses. Keep track of all your expenses, big or small. This will give you a clear picture of your spending habits and help you identify areas where you can cut back. Also, set financial goals whether it's saving for for a vacation, buying a house, or building an emergency fund. Setting financial goals can help stay motivated to save money.

 

[Hate2Wait]

Having a budget does help in a lot many ways, it saves us from overspending and we also have an idea of where we are spending our hard-earned money and we can make changes if we like to save money.

 

[Starmix]

This time, we need to tighten our belts. The prices of commodities are skyrocketing, hence, we need to be practical and realistic, so budgeting helps us achieve the role in our lives.

 

[Hate2Wait]

That's right and I am trying to find more ways to save money and also to get discounts for my monthly grocery shopping and for this very reason I also like to buy in bulk too.

 

[Starmix]

That's right and I am trying to find more ways to save money and also to get discounts for my monthly grocery shopping and for this very reason I also like to buy in bulk too.

I also like to buy in bulk, it helps me save some money. There is no discount here in shops. It will be very beneficial.

 

[Hate2Wait]

Its wise too and we should go for those products that have longer shelf life so we are not in a pressure to consume these in a short period.

 

[Starmix]

That is how we can save and spend money wisely. Keeping money is essential so we must spend only what is most needed at home and for our personal needs.

 

[Hate2Wait]

This is why having a budget does help as then we will be aware of the portion of our money that we can save our invest and can also work on the things where we are spending the max

 

[Starmix]

Keeping money through proper budgeting helps us attain our goals not to overspend so that there's always something for the rainy days.

 

[eLdavis]

It is very important to keep money either in form of savings or having a budget. This is because anything can pop up at anytime.

 

[Starmix]

It is very important to keep money either in form of savings or having a budget. This is because anything can pop up at anytime.

Yeah, that surely happens, we never know how the days go . There are times we might run out of money and only the one we keep can answer our problems

 

[Hate2Wait]

It can be achieved through cash spend too and if we can plan to spend only in cash and have a monthly budget and cash disbursement as per that then that can also help us spend less and see where we are spending the most.

 

[Starmix]

Keeping money is essential. it lessens our urgent need of money. it is like keeping a piggy bank at home too.

 

[Hate2Wait]

Having a piggy bank at home will also make you save money and its one of the best ways to keep kids and even teenagers in developing the habit to save money

 

[riberet19]

Saving money is as important as investing it, I have always been an inveterate saver, and then invest that money.

 

[Hate2Wait]

It does help when you are good at saving money and I know people that don't carry cash as they feel they won't be able to resist and will spend it on useless things

 

[riberet19]

Most people usually have problems saving for that reason, they tend to spend their money on useless things that will not have any kind of change in their lives.

 

[Hate2Wait]

I have some cousins like that, they are middle class like me but they spend like higher class and don't even consider saving money anytime

 

[Stardom22]

In a matter of fact, the keeping of money is very essential as savings can be very useful during the times that one is very broke.

 

[Starmix]

Keeping money in a safe place like bank is very important to avoid wastage. The person might spend his money if it's always carried with him.