Saving money reduces stress levels

[freelancermaria]

Saving money can significantly lower our stress levels since it provides a financial cushion for emergencies like medical bills. It’s essential to turn saving into a regular habit, regardless of the amount you set aside each time. Over time, those small contributions can add up.

 

[magnus2022]

Yes! I agree with you that saving helps to bring stress level down. When you have enough money to solve your personal problem, you will not worry much. This is one of the reason poor people die easily.

 

[Starmix]

Naturally, it happens to everyone who happens to save but not all can save like those who are living in deep poverty.

 

[Springtime]

Agree. If you have savings in your bank account, you do not have to worry when there are emergencies.

 

[King Belieal]

There are people that don't even have transport to travel under emergency because they don't have savings to draw from.

 

[arunima25]

Yes, I totally agree with it. I am into saving habit since a very young age and this financial discipline instilled in me at a very young age has been very beneficial. We have been through phases in life where there was huge financial demand. But thanks to my habit of saving and investment, we could sail through them without much stress. We had enough saved over time to help.

 

[Augusta]

It can help you feel more secure yes, saving money can reduce stress levels. and in control of your finances, which can lead to a more balanced lifestyle.

 

[arunima25]

Saving is a habit that is hard to inculcate in the beginning, but once you start it, it becomes addictive and enjoyable. And this habit indirectly influences so many decisions, almost in all aspects. So it slowly brings more discipline in our life and lifestyle, good in a long run. Knowing well that you have a sum to fall on in the case of emergency is always comforting

 

[eLdavis]

Yes you are right, when you have some savings, there is this assurance that there is something to fall back to when things goes rough.

 

[Kross]

When you know that you have something somewhere that you can fall back on, you can easily have peace of mind.

 

[Starmix]

Agree. If you have savings in your bank account, you do not have to worry when there are emergencies.

That's correct, we will feel relaxed when having some savings. We can withdraw at any time when a need arises. If there is no savings your day will be full of miseries thinking how to resolve the financial crises in a single day.

 

[Augusta]

That's right you can carry out a financial emergency without stress because you have your savings to help back you up

 

[Starmix]

That's right you can carry out a financial emergency without stress because you have your savings to help back you up

That is right, mate, though there are times that I like to do extravagance he he,but I strive to recover what I spent. we must not also disclose our savings to anyone even to a family member They might keep on borrowing from us without paying.

 

[Augusta]

That is right, mate, though there are times that I like to do extravagance he he,but I strive to recover what I spent. we must not also disclose our savings to anyone even to a family member They might keep on borrowing from us without paying.

This is just common sense avoid disclosing your personal financial information to anyone especially if you know they are leeches

 

[Starmix]

This is just common sense avoid disclosing your personal financial information to anyone especially if you know they are leeches

Some family members might spread their saliva to others regarding the amount of money saved in the bank. There are people who are annoying begging us to let them lend money without in mind to pay.

 

[Fire&Rain]

I am in absolute agreement with you .if you somehow run into a financial wall you can use your savings to help you. But this requires descipline to keep a savings account. Or else the whole point of savings money would be lost

 

[itsmejob]

I will give us peace of mind knowing that we have money for unexpected expenses. Saving can change ones spending habits.

 

[Hate2Wait]

When you have money in your savings account, you will naturally feel easy and less stressed as you will know you have things covered and can breath freely.

 

[Starmix]

It is a normal thing to be stress-free once you have savings, but it will be much better to invest it to yield interest. That money will also be considered idle money. Money saved in the bank does not give a better interest only a very small percentage.