In this period that we are,most especially now that inflation is dealing with the economy of many countries, it is important that everyone cultivates the habit of saving part of their income no matter how small it may be.saving to me is a passive way of generating wealth which could help anyone when the need arises. the importance of savings can not be over emphasize this is because it puts you on safer side on the long
run.
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I could remember how i started with act savings, at first the whole process seems very boring and slow, it got to an extent of felt like I want to stop saving because as that time the amount I was saving was very small, it was boring because I am the type of person that want to gets things done so quickly, but I got to realize that everything have to be gradual, so I continued with my savings. soon I was able to cut down some unnecessary expenses and I was able to save more.
Apart from the fact that I was saving more , I was also able to reduce my dept, this was one of the great ways savings has helped me. I am this kind of person that spend when I have and there are things I am so much addicted to, so for me to satisfy myself for those that I am addicted to I can go borrowing and this way of my life has once putting me in serious dept, but when I started cultivating art of saving I was gradually able to clear my dept because when I saw how much I was saving.
And finally came a day I had to fall back on what I have saved to meet some life challenging demands, one particular day after my rent expired , I was really broke and all I had was savings, the landlord was on neck and I was left without choice than to break into my savings. to my surprise I was able to pay my rent and even still had more which I used for other purposes.u just imagine I had nothing of such it won't have been a funny situation, this how saving saved me from some embarrassment, to be honest it's always good to save.