The importance of Saving

[attagirl]

I think that it is very important to save what you can, especially in the market today. I have seen so much ride on whether or not people have savings to fall back on and it can be hard as you get older anyway, not having some savings can be very bad.

[APhillips86]

I'd have to agree. When I think about all the money I would save up if I hadn't spent it on stupid things like going out to eat, or renting a movie hear and there, or just really unnecessary things, I get really annoyed with myself. I probably wouldn't be in the mess I am in right now if I would have thought to save that extra ten bucks I had here and there.

[attagirl]

You know that is true, if you only were to add up the money you would have saved in a year that would be a some very decent amount for me. I have been trying very hard to keep everything in check and getting things paid in a quicker manner, this way I can eventually use the money for better investments.

[APhillips86]

Yea i know what you mean, I am the same way right now but at the moment my budget is so tight that by the end of the week only have about 20 dollars left over, and its hard to get through a week on just 20 dollars so whenever I do have a good amount that I can save, its usually gone by the next pay check.

[FinD]

the thing is though, because I'm trying so hard to make my cash stretch, when i do have some spare money lying around i feel like i have the right to treat myself and buy something expensive!

[financestrategy]

well atta
i do agree with you that on must save for his bad times. but as you see future is always unpredictable so i think rather than laying stress on saving one must invest a part of it wherein you find good returns on your investment. stock is a good option where one can get high returns.
saving on the other hand to the amount which might be required at any point of time is necessary. so according to me saving and investments must go hand in hand.