Contest!!! Benefits of Saving Money

As the saying goes, life is empty without money, he who has no money has no one in the world. Money is a precious resource, the one who has it is lucky.

Today I am participating in this contest on a very beautiful topic. Where the main topic is kept is actually the benefit of saving money?

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Of course no matter how many problems come in our life if we save some money little by little. It is once used in many of our important functions, and it plays a very useful role.

What do you think about saving money for future use?

Saving money for the future is a strategy that not everyone can do. And those who do enjoy its benefits just as well.

Like if we save little by little for the future. It will give us a financial security in our life, as we can use this saved money in many emergencies.

If we have money saved, we can use it in case of any sudden accident.

If we save money in our life, we can easily achieve some goals in our life that would have been impossible if we had not saved this money. If we save this money for a long time, we will see that someday we will not hesitate to buy a house or a car. Because we will know that we have money saved.

If we have some money saved behind us, we will not be afraid to do anything in life, because we know that we have some money, which we can use whenever we want. So we will proceed to do anything with courage.

Do you also save money? What ways you have adopted to save money?

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In fact, saving money is a bit of a problem for me, but I still try to save some money, which money might pay me something good one day. And I realized that by saving some money.

The thing is that I am the only person in my family whose income supports the whole family. It is not possible for me to save much for him. Most of what I earn is spent.

Still, I saved some money from it, which I used to travel home from abroad. At that time I had no money at all, then I took out this deposited money and continued all my activities.

No I don't do anything major in terms of saving money, but yes I do have a bank account where I currently send 1,200 as much as I can every month. And thus a good amount of money has accumulated in the last one year. Everyone's thinking is different.

It is everyone's own way of thinking how he will save his money and which one he will be more satisfied with.

What are different ways that was used to save money in past?

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In fact, earlier people used their accumulated money in many ways. There are certain narratives in history that the earlier people followed. People used to use their money and their savings in different ways like:-

• People used to allocate fixed amounts of cash in designated envelopes for various expenses.

• Physical jars or containers were often used to store spare change or a portion of earnings.

• Community-based savings clubs, also known as "soo-soos" or "tandas", consist of a group of individuals contributing a fixed amount on a regular basis.

There are many people in the past or today who support their daily expenses from there by adopting various other means. You will notice that people in rural areas continue to grow vegetables and fruits in their houses to meet their daily market expenses or daily expenses. Where their principal is saved from being spent.

There are many other practices which the earlier people followed most closely.

On my part, I have tried to mention some things to you. I hope you like it and I will invite some of my friends to participate in this contest. Let them also write something about the benefits of this money.
@madilyn02 @mrnazrul @famillycooking1

Anyway friends, I have shared some things with you, about saving money in our life. Hope you like the things, and if you like then definitely share your opinion. Thanks everyone.