Why is it so difficult to save money?

[magnus2022]

Why is it difficult to save money. I have tried to save money but most times i fail to reach my goals. Before i know, i will be in dire need of money and i will be forced to make use of the money. I have tried many strategies but all failed woefully. How do you save money and reach your goals?

 

[Sanjeev]

It is difficult only when your earning is less than your expenses. It's better to cut your expenditure and save some money every month. I know it is difficult but one needs to start it.

 

[Starmix]

We can save money from our salary and business. I also save my earnings in a ptp site. I want to accumulate my earrings in the bank. It's hard to save if we won't strive to do it.

 

[Sanjeev]

It all depends how we manage our expenditures. I don't go out for eating or I don't buy costly cloths. I spend most of my money of my kids' studies.

 

[Starmix]

It really depends on us how to manage our finances in such a way saving isn't set aside. It must be part of the program of your monthly habit to save money for futurity.

 

[Suba]

For people who have never saved money, of course it will be very difficult to save, because the spirit of saving has not yet been formed in them so they lack discipline in spending money. They also tend to be oriented towards the present rather than the uncertain future and they also don't have financial goals.

 

[Starmix]

It's truly difficult to save money if there's no sufficient source like salary and small business and if the wife or husband also has a good income so that they can save. And those whose income are limitless, yet no savings, they lack financial literacy so they never care which is wrong.

 

[freelancermaria]

Some people find it difficult to save money because of their low monthly income. In addition, there are unanticipated expenses, such as hospitalization, home repairs, etc

 

[eLdavis]

For each and everyone of us, there are different reasons as to why it is difficult. For me it's due to the fact that I have so many expenses I need to sort out.

 

[Kross]

Anything that requires a person to battle against the default human disposition is always difficult. A typical human is wired to just keep on spending money. It would take discipline for someone to now unlearn this spending habits and try to save.

 

[Fidelia]

Why we generally find it difficult to save money is because our wants are unlimited. But we have to prioritize our needs per time and take out a part of our earnings to save.

 

[SHAHID987]

Nowadays it becomes almost impossible to save money, the reality is we don't have much money to meet our needs how it remain possible to save it. I used to save money a decade before.

 

[AruneBend]

it is hard to start but once you do trust me the process gets easier saving is good but it is not effective because money is worth less it is better to learn how to invest and take the risk with the money you can lose