Contest "My preferred savings Method .

in Steem For Lifestyle21 hours ago

Hello Everyone.

Am @meehu.
From Pakistan🇵🇰.
Today,am here to take part in this contest.

So let's start.

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Pixabay

“🍀.Explain Saving in your own words..”

Saving is a very good practice. Keeping money aside and using it when you need it is called saving.I've seen 90% peoples do it to a great results. It doesn't necessarily mean your can manage your money wisely. Rather,one day prove to be very useful for you. We do not have a lot of money all the time, but sometimes we need a lot of money in times of • Marriage. • Death. • Birth of a child. • Admission of childs. • Accidents. • Some kind of emergency. but at that time, the money we keep is called savings and its really helpful for youyou and also had a perfect backup for every situation.

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“What is your preferred savings method, give your likes and dislikes about the method that you choose.?.”

I don't save very well, whenever I have a little money I always take something like that, it gets wasted or if I have money, I spend it a lot. So I am not good at saving but There is a mud pot which is called (Gulak or Galla) , people of earlier times and still many of kids yet keep putting money inside it and break it when needed and money comes out. And in my opinion, this is the best way to have money. Sometimes an emergency or something happens to you that you need money urgently, then it is necessary its available in your near place. But if you prefer to keep your savings in your account, I think it's a pretty tedious process of having to pick up your check first and then go over there and cash it, or if you If you use money in a local app or any such app, then you have to go to the shop first and see if this app is available there.
But if you keep it in the account, then you know that I have to make effort to get it out, and sometimes you even forget that you were putting money there. If you keep money at home, you always focus on money and when you need it, you immediately withdraw money from the house.

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“.Which saving method would you advise someone to go for.?”

As I have told you before that I am not so good at saving because if I have money at home, I am always tempted to do this and sometimes that. shopping ,eating or visiting and the money kept at home is never safe, so people done different method to keep safe money. According to me gold is a best investment and saving money method. In my country the rate of gold increase day by day but low in some days, when it goes low to had to buy some accessories like ring, chain and etc anything which suits you and whenever you had hard time and need money you can sell it on a good price maybe its better ti safe money in a pocket or other things at home.

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Pixabay

“.Do you believe in savings? Or eat as you earn?”

No, saving is the most important thing in my opinion, because you can't earn money all your life, because there is a state in life that when you are tired, you need to relax so that you save up things is your strong bone. It is not a good thing to earn daily and eat daily.Because I saw my grandparents, they were very wise, they saved more money for their old age than they earned in their lifetime, they knew that when they are old, they didn't able to do workand they know the money will work for them and I learned a lot by watching them and then when I saw that when they got old they lived their lives with this money because they knew that now they can't work, they have enjoyed their life with their children ,they lived beautiful and secure life. I think money is very important to make life beautiful, when you need a rest.

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“Do you have any bad experiences of saving share with us.?.”

I remember one time when we were little I told my sister that we should save money now so that we can someday use the money to buy more things with us.My sister agreed with me. We started collecting money together and this continued and for about a week we kept collecting money but after a week suddenly we had a fight.While we were fighting, it came to our money and both of us took out money and kept half of it and we said that we will not save money anymore and we both went and bought things for ourselves from separate shops. But now when I remember it, I laugh a lot. After that, my mother forbade us. She said that you cannot save money together. . We still remember it. Then I was like, it was not a bad experience, it was a funny experience.

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Truly.

@meehu.