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Accumulation of fiscal wealth, learning self discipline, learning to live under your means, postponing immediate gratification for later satisfaction, having a fund to handle emergencies, being able to treat yourself later in life, having your money start working for you rather than you constantly working for it, etc.

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17y ago

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Which of the following is a reason why saving money is a good idea?

People will have money available for things they want or need in the future.


Is saving money better than spending?

Well, saving can be much greener and easier for you're lifestyle. Saving money means that you can treat you'reself and buy things that you have been saving for.Only spending money on things you need can be difficult, but try and realise that buying un-needed things will waste money and you may not be able to buy things that are essential and important.


Where can I find a list of tips on how to save money?

Feedthepig.org is a good site to learning tips about saving and budgeting your money. Also go to smartaboutmoney.org as they also have good money saving information.


What is a good strategy for saving money?

Pay yourself first.


Is a bank saving account a good place fo save money?

yes, hence the name saving account.


How would you be using money if you were saving for a new car?

If you were saving for a new car, you would be setting aside money regularly and not spending it on other things until you have enough to buy the car.


What are you saving money for if you are saving to buy a car?

If you are saving money to buy a car, you are saving to purchase a vehicle for transportation.


What are the disadvantages of save money?

You cant buy stuff that you want only what you need. saving money is a good thing


Is there any educational software that teaches my child good saving and money management skills?

Young Money Manager is a good educational software to teach children the importance of money.


What are good quotes on saving electricity?

"And God said, 'Let there be light' and there was light, but the Electricity Board said He would have to wait until Thursday to be connected. "SAVING electricity IS SAVING MONEY


How can a savings account help in money saving?

A savings account is a very good account to open up if an individual would like to start saving money. It allows extra saved money to be transferred from the checking account to the savings account.


When it comes to saving money what is a good rule of thumb?

Keep most of your savings in your checking account