
It is not what you earn that counts; it is what you save from what you earned. Our savings surely has a telling effect about our financial well-being. During these times of financial crisis, inflation, monetary devaluation and economic depression, it is what you earn that counts and matters most.
Some people are not good financial managers on their own. There are those who are literally being overrun by debts. Thousands or even millions of people do not just have a horse sense on how to save money. A simple survey among office workers will tell you that most people are lousy budget planners. They do not know how to manage their finances. So, they found themselves financially dependent from others as a result of insolvency or bankruptcy.
Saving tips are important to maintain balance and capacity of a person to control his personal finances. There are some of us who will devour every saving tip. I, for one, save electric bills by 25% by switching off all unnecessary utilization of appliances and gadgets at home. There may even times that I switch off the lights as early as 7 PM. Sounds ridiculous? But it helps.
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