I would not say that I am a good saver, but I am trying to put aside 5-10% of my profit each month to my saving account. It let me have a little bit saving by now. Getting into saving money every month is a good habit:-)
Interesting topic,
I learnt to save from a young age thanks to my grandpa, I remember in 1993 (I was 8 Years old) my grandpa in Malta took me to clean a house, I remember being upset because I wanted to spend my time swimming, we end up cleaning 11 houses and what i had learnt was all 11 houses was his.
He was a brick layer, not educated and came from a very poor background….
Savings to me personally is very important, But what is more important is what i do with the money,
10% savings from your wage are you kidding me???
My goal has always been to save 30 to 40% of my wage, As cost of living goes up I look at ways at making more money, To only save 10% is a scary thought, TO me thats saying I will only invest 10% of what i earnt over a life time….
People who use the excuse that why save money or i have no motivation to save beacuse if i earn interest the government taxes me really pisses me, We must take controll over our own lives and we must get of our bumbs and learn to invest…
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
I bet your grandpa gave you a big bowl of rabbit stew as a thank you!
I agree, 10% is way too low. 30% minimum.Lol my grandpa gave me a lesson
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
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