Saving money, especially the way things are, is very difficult. I’m sure you always face some challenges while trying to save money. What are some of the challenges? Let’s hear from you.
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Good question. You always sounds reality. I faces a lot of challenges when trying to have a good saving, it's due to the economy of the country an the marketers. In some months, my expenses always more than income. To solve this issue, I created special savings account to save part of my money on moRead more
Good question.
You always sounds reality.
I faces a lot of challenges when trying to have a good saving, it’s due to the economy of the country an the marketers.
In some months, my expenses always more than income.
To solve this issue, I created special savings account to save part of my money on monthly basis.
I have also try to cut off unnecessary expenses to help me focus on the most important thing.
See lessEveryone is aware that saving money in this particular period is complicated, different challenge can arise at any given time making it harder to stick to our saving plan, lack of job can also consider as the challenge of saving, lack of job can greatly contribute in difficulty when trying to save mRead more
Everyone is aware that saving money in this particular period is complicated, different challenge can arise at any given time making it harder to stick to our saving plan, lack of job can also consider as the challenge of saving, lack of job can greatly contribute in difficulty when trying to save money because when there’s no job opportunities, it’s easy to spend your current saving due to starving.
Hope this help.
See lessOne of the biggest challenges I am currently facing right now when trying to save is low income. I earn so little right now from both offline and online work. Therefore, saving is pretty hard for me. Though I keep trying. Another challenge I face is my own indiscipline. Sometimes I procrastinate onRead more
One of the biggest challenges I am currently facing right now when trying to save is low income. I earn so little right now from both offline and online work. Therefore, saving is pretty hard for me. Though I keep trying.
Another challenge I face is my own indiscipline. Sometimes I procrastinate on saving or I spend the saved money on unnecessary things. I am trying my best to control my spending urges so that I can save with more discipline.
See lessTrying to save money especially if your saving for something very important could be very challenging. Infact many temptations arise mostly when you're saving your money. Some challenges one faces too could be caused by his/her undisciplined attitude. If you are not disciplined with money you will nRead more
Trying to save money especially if your saving for something very important could be very challenging. Infact many temptations arise mostly when you’re saving your money. Some challenges one faces too could be caused by his/her undisciplined attitude. If you are not disciplined with money you will not be able to save. Budgeting too is also another challenge, if you have to get things in the home, make a list of what is needed so you don’t waste money buying things that is not finished or not needed in the house.
See lessIf you're not discipline enough, you'll end up falling your saving plan, I remembered when I plan to bought my lost phone, I had to save some money to be able to afford the phone I needed, you know happened? There's a friend of mine that bought ear pod of 15k and he pressure me to bought the same eaRead more
If you’re not discipline enough, you’ll end up falling your saving plan, I remembered when I plan to bought my lost phone, I had to save some money to be able to afford the phone I needed, you know happened? There’s a friend of mine that bought ear pod of 15k and he pressure me to bought the same ear pod, it was a big challenge to me, discipline was the only attitude that help at that point.
So what I mean is, there are several challenge that pop up when you try to save money, but when you’re discipline on how to spend money especially when you have a budget, you can overcome the challenge just like I did.
See lessIn order to save money on a regular basis, you need to make a consistent income. My major problem is generating consistent income. I work from home and every month my income fluctuates. In some months, I make really well, thus I manage to save a good amount, and in some months my income is not enougRead more
In order to save money on a regular basis, you need to make a consistent income. My major problem is generating consistent income. I work from home and every month my income fluctuates. In some months, I make really well, thus I manage to save a good amount, and in some months my income is not enough to contribute to the savings funds. When you are not earning on a consistent basis, you will have difficulty saving money on a regular basis. Another problem is not being able to save as much as want. That is also due to low income.
See lessSaving money for me is sometimes a struggle as bills and payments that I can't do without keeps popping up daily and you can't just overlook them especially if they have to do with utilities. So I have different factors that hinders me which include the following: Lack of money at some point which IRead more
Saving money for me is sometimes a struggle as bills and payments that I can’t do without keeps popping up daily and you can’t just overlook them especially if they have to do with utilities. So I have different factors that hinders me which include the following:
Lack of money at some point which I can’t save what I don’t have.
Expenses that can’t be avoided. I always need to sort out.
Emergencies that comes up unexpectedly that needs immediate financial attention. You can’t just help it at that moment you just have to handle it.
See lessI think that now I no longer have such problems, but when I first decided to start saving money, the main problem was that I still had the desire to spend these funds on things that were not very necessary and it was difficult to fight with this, but I managed. The next problem was the discipline ofRead more
I think that now I no longer have such problems, but when I first decided to start saving money, the main problem was that I still had the desire to spend these funds on things that were not very necessary and it was difficult to fight with this, but I managed. The next problem was the discipline of saving funds because I did not have a fixed amount and therefore it was not very stable and I could not direct these funds somewhere else and I never knew exactly how much I earned and how much I spent
See lessChallenges to saving efforts include rapid spending, unexpected costs, and rising cost of living. Peer pressure and social influences can tempt overspending. In addition, changes in revenues or expenses can hamper savings efforts. Lack of budgetary discipline and elusive targets can further hinder pRead more
Challenges to saving efforts include rapid spending, unexpected costs, and rising cost of living. Peer pressure and social influences can tempt overspending. In addition, changes in revenues or expenses can hamper savings efforts. Lack of budgetary discipline and elusive targets can further hinder progress. Bank policies can also be disrupted by external factors such as economic downturns or emergencies. Overcoming these challenges requires commitment, discipline and budgetary flexibility
See lessChallenges to saving efforts include rapid spending, unexpected costs, and rising cost of living. Peer pressure and social influences can tempt overspending. In addition, changes in revenues or expenses can hamper savings efforts. Lack of budgetary discipline and elusive targets can further hinder pRead more
Challenges to saving efforts include rapid spending, unexpected costs, and rising cost of living. Peer pressure and social influences can tempt overspending. In addition, changes in revenues or expenses can hamper savings efforts. Lack of budgetary discipline and elusive targets can further hinder progress. Bank policies can also be disrupted by external factors such as economic downturns or emergencies. Overcoming these challenges requires commitment, discipline and budgetary flexibility
See less