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How is it feel to have a feeling knowing that you have a lot of money in your bank account compare to have nothing in there? How about you have so much money, and you do not like to see the number decreasing and you want the number it increasing through compounding effect? Isn’t this will make you want to save?
Or maybe you want to save for future big expenses. A nicer car. Well, maybe you have the intention to have that car now, but remember, car manufacturer always come up with new and better model. Why don’t you save now, and when you have a big sum of money, then you will buy it, so you could save in many things, especially interest. This happen to my friend actually. While many of us take car loan up to 9 years, she just takes it to 3 years repayment. What a bright girl.
How about uncertainties of the future? Who knows what could happen in the future? Well, you can also make this excuses to spend now because maybe you won’t bale to spend in the future, but do you want to continuously be content or just be happy for that shot period of time. Having the things you want is good, but the regret that it could bring could outweigh your decision. I’ve been there, I know.
Things you should know is about delay gratification. It ok to wait until you really are able to buy than just to buy now. Work on yourself than working hard to impress other people who do not pay your bills. Why bother what people think, as because of us spend a lot so we do great impression towards other people. What a wrong concept. The only person you need to impress is your own self. If you do not satisfy with yourself, how can you impress other people?
Therefore, save, and do a lot of saving and when people look down on you because of your lack fashionable item, you know they wrong because you do not need them for you to be impress about yourself. Why they bother when you are able to have that kind of stuff, it just you prefer the money to grow and you could have better things n future. ;)
I'm a personal Finance learner who discovered the importance of it at a late stage. So now, I want to tell people that it is very important to learn so that they can make a wiser decision and be wealthy. :).Want to learn Personal Finance in an easy way Check out my Personal Finance blog
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