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Debt Destroy

Saving Helps


niitesh Rep Points: 665
Posted on April 4, 2009 at 12:14 pm
A penny saved is a penny earned and it is one of the greatest tools as far as sdebt reduction is concerned. We can earn in millions but without saving we can never reduce our debts.

carrie09 Rep Points: 740
Posted on April 4, 2009 at 12:26 pm
I do agreed with what you said..Well, everyone of us must try to save abit every month for our future needs. We must always prepare for the emergency times..

mariaclarissa Rep Points: 430
Posted on April 4, 2009 at 12:26 pm
Yes, I agree. There should always be a portion of our salary that should be saved. If you have a debt you really need to save for the payment. Never, ever loan to pay debts. You're just going to create another problem.

buggles Rep Points: 3,680
Posted on April 4, 2009 at 12:43 pm
Great advice!  We should always pay ourselves first.  It is the one and most important factor for a debt free future.  I believe this one factor of saving money, will reduce the amount of stress we have tomorrow if something ever goes wrong:  loss of a job, an unforseen illness, a car accident, it could be anything.  Having a savings will definitely reduce that stress.

kiran8 Rep Points: 1,320
Posted on April 4, 2009 at 1:33 pm
I completely agree with what you say..saving is a habit that need to be cultivated early in life. I try my best to cut corners and save money so that i can invest it either in shares or simply deposite it in my bank account..

arief Rep Points: 640
Posted on April 4, 2009 at 2:15 pm
I do agreed with what you said..Well, everyone of us must try to save abit every month for our future needs. We must always prepare for the emergency times..

koreangal Rep Points: 2,330
Posted on April 5, 2009 at 10:18 am
I so agree that saving helps . Even if the amount is little, it could go a long way. And thats what everyone is trying. but it seems so hard, because there is so much to spend on

prowaynie Rep Points: 345
Posted on April 5, 2009 at 12:11 pm
hi there, i agree on what you said. Saving is important for emergency use and retired life.

michaelxx74 Rep Points: 690
Posted on April 5, 2009 at 3:31 pm
I am agree with you. We must have the habit to save, even if only penny. By a little saving , after a long time be a lots money.

ramesh Rep Points: 895
Posted on April 9, 2009 at 12:27 pm
Definitely savings is helping a lot in the needy hours.  Many times I used to borrow money from children from their savings and give them with little interest