People that have a strong savings culture tend to have more material properties?

[Min George]

I have observed carefully that people who have a very strong savings culture always tend to have more material properties. I found out why. I realized that it is because with their savings, they are able to take advantage of distress sales by others and own those properties.

Someone urgently wants to sell his car. And if I have savings up to half of the asking price, I can pay that as a down payment for the car. That is how my savings would help get a car for cheap and quite easily.

Is it true that people with strong savings culture tend to have more properties?

 

[aninditasen]

I have observed carefully that people who have a very strong savings culture always tend to have more material properties. I found out why. I realized that it is because with their savings, they are able to take advantage of distress sales by others and own those properties.

Someone urgently wants to sell his car. And if I have savings up to half of the asking price, I can pay that as a down payment for the car. That is how my savings would help get a car for cheap and quite easily.

Is it true that people with strong savings culture tend to have more properties?

I do save but I am not stingy but one of my brother-in-law saved a lot of money but grabbed all the ancestral property too.

 

[Niyi Br]

It is true that people that have money somewhere can just take advantage and get things they needy from people that want to sell under pressure.

 

[Springtime]

It is true that if you have enough savings, you can take advantage of the good deals in the market.

 

[Augusta]

True that people with strong savings culture tend to have more properties. from your illustration you can see how true it is

 

[eLdavis]

Yes, this is when you have a lot of savings already, there are some persons who save but only go for things they really need.

 

[Suba]

The main basis of saving is a habit since childhood that starts from a piggy bank and self-discipline, the habit of saving will make us always have more money than we have to spend.

 

[Augusta]

To take advantage of things in the future you need to save money. it would do you a world of good this way.

 

[Min George]

Some people are mainly saving for the sole of buying different properties. That's why they always have more properties.