The question of why we should save money was asked in a small community meeting which I attended last week. The chairperson of the session wanted to know our priority number one. As always I want to share my experiences with everyone.
These were the answers from different community members:
1.I save so that I have enough money for my retirement.
2.I save to enjoy holidays when I am still young.
3.I save to enjoy holidays in my old age.
4.I save so that I can save others who are needy.
5.I save to buy a very nice car in two years.
6.I save for emergencies.
7.I save so that even if my pay is late ,I do not borrow money.
8.I save for the rainy day.
9.I save to educate my children.
10.I save to finish paying my house off.
I found it very interesting as different people had different priories why they save