How will Savings affect your present quality of life ?
MONEYMONK WEEKLY MESSAGE 3/2019
MONEYMONK WEEKLY MESSAGE 3/2019
How will Savings affect your present quality of life ?
Life is full of uncertainties.Death is absolutely certain but nobody knows when . Savings help you to manage these uncertainties and live well as long as you live.
Remember the time before you got your first pay cheque , it was a big jump from Zero to something , dependency on parents to freedom, parents money to own money, you were overjoyed. At the same time did Money and need to earn it continuously become the new dependency? so why not make efforts to increase the level of freedom and reduce this new dependency?
You were living with no income of your own and will be still living equally well when you save 10-15 % first and live on the rest. Believe me , the effect of this on your present quality of life will be negligible but this will have a tremendous positive effect in the long run.
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