Why Saving Is Important - Deepstash
Why Saving Is Important

Why Saving Is Important

Saving money takes discipline. And a certain amount of sacrifice.

The importance of saving money is rarely disputed. Saving is one of the most basic bits of financial advice out there. Despite the importance of saving money, many of us aren’t following through on that tip. When it comes to doing the right thing financially, just knowing you should save isn’t enough.

And that makes sense. It’s tough to do something consistently without understanding why you should save money and put in all that effort in the first place. After all, saving money takes discipline and a certain amount of sacrifice.

26

281 reads

CURATED FROM

IDEAS CURATED BY

shaanma

I like to motivate and give advice to others. I want that everyone should be successful in their career with their skills and passion...

The idea is part of this collection:

How To Recover From Burnout

Learn more about motivationandinspiration with this collection

Seeking support from others

Identifying the symptoms of burnout

Learning to say no

Related collections

Similar ideas to Why Saving Is Important

People don't save even if they can

People don't save even if they can

People want to save for many reasons: for unforeseen circumstances, retirement, holidays, or to avoid debt. Others think it is a good idea to save because they should.

While not everyone is in a position to save, of those who can save and knowing its benefits, few do it.

Increasing your saving power

One way your savings get to grow really fast is when you receive a lot of money at once. Even though the temptation to go spend everything is bound to appear, you should remember that you have invested all this time into saving for one particular purpose. So why not take this opportunity to help ...

It takes more time to make money than to spend it

It takes more time to make money than to spend it

You work thousands of hours to make a certain amount of money. And then, you can drop it all on a new car, luxury vacation, watch, or anything else that you desire.The easiest way to grow your bank account is NOT to spend it all. It’s solid advice. The ancient Stoics knew about this too.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates