Contest!!! Benefits of Saving Money

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Greetings to all steemit members from my side! I was on leave and after approximately 1 month , I am going to take part in this contest which had been launched by most experienced and senior member @cryptoloover.

In this contest, we need to talk about benefits of saving money and I am totally connected with this topic because since childhood, I use to save money without spending on unnecessary stuff. So let's write ✍️

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We can not deny that money is everything. Personally I think that everyone should save one portion of their income for rainy daysor as you call for future.

Future is really unpredictable and you never know what situation will come in front of you and in that worst case , your savings will help you out because now a days , neither relatives nor friends help in bad situation.

I am not saying that you should stop eating twice, you should make your budget and run your finance according to your budget. Avoid spending money unnecessary trips, gadget etc

Think twice that this money will help you when you need badly so saving money is really important.

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Yes ofcourse, I beleive in savings. I saw really worst days in my childhood and we had gone through just because my parents did not save anything. We had longed for small small things so I beleive in savings that my child will not face same situation which I had to face.

Generally I trust in government sectors because I give priority to safety instead of high returns.

So I have invested my money in Bank fixed deposit, I took some good high return plans from Life Insurance company, I have also invest few money in PPF in government Bank.

There are few projects in which I want to invest but this time I am facing financial problems so this will be done in forthcoming time.

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Well now a days, there are many ways to invest your money like in mutual funds, share market, SIP, Gold bonds, liquid silver & liquid gold, plots & property etc.

But if you talk about pastso I remember that there are only 2 ways where people used to invest their money and that's are Bank Fixed deposit and Life Insurance company.

Now a days many options are available but never choose according to high returns, always choose plan which suits to your budget and needs. If you choose wisely, it will definitely work magically to recover you from your rainy days.

Hope you like this article. By the way Steemit is also investment program where you need to invest your time and hard work and grow your account, with a time it will also give you fruitful results.

I want to invite my friends to take part in this contest: @patjewell , @o1eh , @ngoenyi
, @eliany , @jyoti-thelight , @drhira .