Starting Small: The value of each rupee/Why should we save money for a bright future

Money is something very much valuable and required for survival. It’s not just one piece of paper but it holds some value, a value that has to be understood by every individual. Saving money is one of the best financial habits one can adopt.

Why is saving money important?

• Saving for Long–Term Security–it provides you with financial security. And the more you save, the more secure you will be.
• Saving For Fun–saving money gives you the freedom to do what you want to do. And sometimes that means having a little fun.
• Save for Emergencies–It’s inevitable that throughout life, there will be some emergencies, during that time saved money can be very helpful.
• Save for Stress Reduction–Saving is great way to eliminate financial stress
• Save to help others—As your savings grows your opportunity to help others financially grows with it.
• Save for important event of life—saving can be extremely important for education, marriage 
• Save for financial Independence—For independence and freedom to do what you want when you want.
• Saving for leaving A Financial Legacy–leave a legacy of financial fortitude, wisdom and honour.

 The savings are like a Fire Extinguisher. They sit there seemingly useless, but when a fire breaks out the extinguisher bails us out of a financial dilemma. “Save Your Money, Maybe It Would Save Your Life!”

IMPORTANT LINKS –

1. https://www.frugalconfessions.com/save-me-money/benefits-of-saving-money-for-students/