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Yea I cost of living is one thing that can hinder someone from saving. Then I guess the only thing is for to keep at what you doing. One day things would get better than it is presently thanks.Currently, one of the factors that prevent me from saving in a fluid way is the high cost of living that we currently have in my country. However, I try to put all my effort to achieve a minimum monthly savings, and to date it has worked for me. It is not the amount I want but I am going little by little.
When an obstacle in the road appears, this usually means you take a detour or maneuver around it to get back on the right path – even if it means getting stuck in traffic for a while.People forget or they feel much more motivated to focus their attention and prioritize immediate needs while putting off others that may materialize in the future.
Of course, I continue to insist, it is not the amount I want to save, but with determination and perseverance I will go very far. I am not intimidated by the current situation, I have always been persistent and that has helped me achieve my goals and I will also achieve it. And I know this is going to get better, thank you.Yea I cost of living is one thing that can hinder someone from saving. Then I guess the only thing is for to keep at what you doing. One day things would get better than it is presently thanks.
Knowing when to draw the line between wants and needs ,and balancing them is the only challenge to an effective way to save for many. If one can develop the skills and discipline of going for needs instead of wants, then one can save more over time.With many people getting financial education, we are all trying to make sure we don't spend all the money that comes our way, but try to save some percentage for the rainy days.
However, there are certain things that tend to o make this goal difficult.
Personally, a factor that makes savings difficult for me is the lack of the ability to differentiate between what I need and what I want. I spend money on things I could do without.
How about you?
Absolutely, even though it seems only few people have this ability or a lot are not willing to understand how to be good in making this decision. When you can place your priorities on only things you need, there won't be much distractions and so you will always stay focused.Knowing when to draw the line between wants and needs ,and balancing them is the only challenge to an effective way to save for many. If one can develop the skills and discipline of going for needs instead of wants, then one can save more over time.
Some of the factors that makes savings difficult is indiscipline. Savings is a sure way to financial breakthrough however, one needs to very discipline if one have to make any meaningful savings else, one will only end up wishing he or she saves and will not be able to.With many people getting financial education, we are all trying to make sure we don't spend all the money that comes our way, but try to save some percentage for the rainy days.
However, there are certain things that tend to o make this goal difficult.
Personally, a factor that makes savings difficult for me is the lack of the ability to differentiate between what I need and what I want. I spend money on things I could do without.
How about you?
I'm one of those who can compromise on their desires and needs if I don't have money. Overdreaming kills you. When we start to judge that what is most effective thing for us and without which thing I can compromise, it takes us towards savings.With many people getting financial education, we are all trying to make sure we don't spend all the money that comes our way, but try to save some percentage for the rainy days.
However, there are certain things that tend to o make this goal difficult.
Personally, a factor that makes savings difficult for me is the lack of the ability to differentiate between what I need and what I want. I spend money on things I could do without.
How about you?
So many factors can make savings very difficult for different people. You see, you intend to save a certain amount of money for a certain project, before you know it, an unexpected demand comes knocking and that project is troncated.With many people getting financial education, we are all trying to make sure we don't spend all the money that comes our way, but try to save some percentage for the rainy days.
However, there are certain things that tend to o make this goal difficult.
Personally, a factor that makes savings difficult for me is the lack of the ability to differentiate between what I need and what I want. I spend money on things I could do without.
How about yo
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