Should you Save Money or Spend?

raaman

Valued Contributor
One of the questions in life is whether it is better to save or spend? The question is should a person earn, spend, or to balance between them? So it invades the minds of people. You need to plan for saving money for the future and also have an urge to spend money. Regardless of the uncertainties the future might have, no one desires to dwell their later life in impoverishment.
So, to save for the future and still live well in the present moment, you must know your family's current source of income. Coincidentally, it is true that if you both want to save up more money while spending more money, you will need to familiarize yourselves with your families current spending patterns first.
 

Augusta

VIP Contributor
For me, saving money for the future and now Is it for me. You need to save money for uncertainties so that you don't dwell life in impoverishment.The best bet is to save for the future and still live well in the present moment.

You must know you.should have different sources of income to make more money to save The fact remains that you can save up more money just like spending more money, you will need to create a balance for the two.
 
Top