When can saving be hurtful

[Starmix]

That is the best option to avoid finding resources or money during a crucial time. Life is full of mysteries thought sometimes awesome.

 

[Hate2Wait]

Savings is our sacrifice to use that at a later date and this is why our deposit scheme should be such that we get enough to sacrifice our spending ability

 

[Starmix]

Yes, we need to sacrifice we have to live within our means to have savings or live without means at all

 

[Hate2Wait]

This is why the Interest we earn for our deposits is the sacrifice income that we sacrificed to not spend and reduced our buying capacity

 

[Kennysplash]

Well I'm saving for myself not for anybody. So whatever amount I'm able to save I know it is mainly for me.

 

[Bisolami]

Exactly, it can be painful especially if you lend out and the person ran away from it. It can be very hurting

That's true
It is just so sad that we tryst some people who are not meant to be trusted. It is sad

 

[cherry123]

That's true
It is just so sad that we tryst some people who are not meant to be trusted. It is sad

You know sometimes we can't tell these people from mere looking at them. looks can be deceptive.

 

[Hate2Wait]

Savings does hurt but when you use these savings after a year or when you really need money later on it feels so good

 

[Bisolami]

You know sometimes we can't tell these people from mere looking at them. looks can be deceptive.

A friend complained to me yesterday that a guy scammed her and the guy looks so decent and you can never think that the guy will scam her

 

[Golden9]

Some people really do save to an extent they harm themselves by not buying things they really need. Some people cut down on food, healthcare and other necessities while saving, which isn't good at all.

 

[eldavis]

Saving can be hurtful when you rely on just saving alone. The truth of the matter is that saving alone would not take you any where, you also need investments as well.

 

[Tracee1]

If we save all our lives and then pass on for others to consume the savings. Does this means we had save to a point of hurting ourselves. What do you think about this?

Not even only passing on, there are times a person saves and still loose his or her savings an example, i saved with Raven for some season and gathered a sustainable amount, only to discover i was not able to withdraw any of my money, was told i used the account for crypto exchange and all that, now all that money saved gone, time wasted. mtchewww

 

[AruneBend]

That can be very hurtful when you save for a very long time and lose the money personally I save money even tho it might be not affective

 

[Sophie]

Savings are very good I personally believe in the power of savings but savings can hurt when one is not disciplined enough and uses them for irrelevant ostensible purposes and this is not applicable to cases of emergencies

 

[Shavkat]

Saving can be hurtful when you rely on just saving alone. The truth of the matter is that saving alone would not take you any where, you also need investments as well.

I agree with you. We do not need to rely more on our savings from the salary we get from the company. We can invest or do other stunts online to earn extra money that can be added to our personal savings.

 

[Stardom22]

Savings can be hurtful when they are not utilised in the intended purpose. For instance many people do save to make investments so that the money grows through the accumulation of the return on the investments.

 

[Bisolami]

Saving can be hurtful when you rely on just saving alone. The truth of the matter is that saving alone would not take you any where, you also need investments as well.

It is not even advisable to only save money without planning or thinking of investing money

 

[flower]

Helping each other and being each other's brother's keeper is a good attribute.

 

[Shavkat]

Savings can be hurtful when they are not utilised in the intended purpose. For instance many people do save to make investments so that the money grows through the accumulation of the return on the investments.

You hit the right point here. I agree that some people are not that conscious of how to invest their money. They just decide of what they think is right and not conducting any research before doing so.

 

[Stardom22]

It is not even advisable to only save money without planning or thinking of investing money

But before you can do the investing you must need some savings to fund your investment portfolio's. So the savings is the ultimate center for investment and everything in a matter of fact