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Money Saving
Low income is the main obstacle for not saving!
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[QUOTE="Kendy, post: 226404, member: 63869"] To some relative extent, I definitely agree with you that low-income can be an impediment to savings but to a higher degree of percentage, I disagree with such notion because there are people who are still earning high above and they find it very difficult to save and I know people who earn very low but at the end of the month, they make it a culture to save and manage judiciously the little they have left. Low income or high income is not even a measurable yardstick to not being able to save or otherwise. I have seen people who immediately they get their salary, the first thing they do is to spend it on things that are not need full at the moment and when they realise they actually going to borrowing and loaning of money because they failed to set their priorities straight and at the end of the day, when the loan repayment elapses, they keep on going with the cycle of taking loans, which makes them to end up in bad debts. No doubt, there are sometimes where you are being paid your salary and the budget for that particular month may be over the money you have but definitely cannot be every month because you would have to definitely save even if it is 10% of the total income. [/QUOTE]
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Low income is the main obstacle for not saving!
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