Several factors can make it challenging or difficult for some people to save money. These may include limited income, high living expenses, impulsive spending habits, lack of financial education, unexpected emergencies, and psychological factors like instant gratification or social pressure ...Read more
Several factors can make it challenging or difficult for some people to save money. These may include limited income, high living expenses, impulsive spending habits, lack of financial education, unexpected emergencies, and psychological factors like instant gratification or social pressure to spend. It’s often a combination of these factors that contribute to difficulties in saving money.
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if you have low income it will be so difficult for you to start saving money. When you don't have enough for basic expenses it will be hard to save. Another one is when you are in debt it can hinder the person ability to save money. High rate of expenses like maintenance fee, house rate and so on. LRead more
if you have low income it will be so difficult for you to start saving money. When you don’t have enough for basic expenses it will be hard to save.
Another one is when you are in debt it can hinder the person ability to save money. High rate of expenses like maintenance fee, house rate and so on.
Lack of budget can make it difficult for someone to save money because you won’t be able to track your income and it will lead you to overspending.
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