Saving habit is very importantSaving a part of our earnings is a very good habit. The money we saved will come in handy when an emergency arises. That is why many of our elders advocated savings. My father always used to advise me to save 10% of my income and spend the remaining only.
These days we observe that the concept of savings is coming down. Many families suffered during COVID 19 lockdowns as they lost their jobs and no savings. We all should learn from this at least now and go for saving a part of our income. SImple saving is not alone will do the purpose. Our money should work for us. So we should take the right choice of savings to meet our long and short term goals.
Today is world Saving day. On this day let all of us pledge that we will inculcate the habit of saving in the right way that helps us.