When it comes to personal wealth, discussion always begin with SAVINGS.So today, Before understanding the basics of savings, let’s try to go back to our childhood days when we use to put coins in a piggy bank.It used to take months or years to fill that tiny bank.
So basically we can say, that we started saving at early stage when we didn’t know the meaning of the word ‘SAVINGS’.
In today’s world we try to teach/inculcate all good things to our kids but tend to forget the basics what our parents taught us in our childhood days.
Our parents always believed in simple living. But In today’s world everybody is in a race, race of owning luxuries & unnecessary spendings like having swanky mobiles being replaced in every 2 years, purchasing car on loan, purchasing house on loan, high spendings just for the sake of fake status in a society.
All the above wrong doing leads to unwanted stress, health risk.
Most of us do not have control on our earnings, but we definitely have better control on our spendings. Spending less leads to saving, saving leads to compounding and increased cash flow. We all must try and aim that to have a better lifestyle.
After all Spending less & disciplined savings would lead to a stress free happy healthier life.
Recent Comments