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Why You Can't Save Money: Just Stop Saving
19.04.2024 08:40
Saving and frugality are different things. If you set a goal to save a certain amount, it does not mean that you need to start saving.
The path to financial independence does not begin here. You can be frugal or thrifty, but still not move to a new financial level.
Experts explained why it is impossible to save money and what saving has to do with it.
Is saving good?
Denying yourself something in order to save up a certain amount of money is the easiest way, but it does not guarantee a prosperous life.
Often the habit of saving money is adopted from parents who put money aside for a long time in order to buy the necessary thing.
However, the years passed, and the financial situation did not improve.
What is the mistake?
The problem for entire generations is that, having saved up the necessary amount and spent it on a treasured purchase, families are again left without money.
In such cases, even the purchase is not particularly pleasing, because at a certain stage in life you had to constantly deny yourself something.
Often people are forced to buy items of dubious quality that do not last long or break often, which again entails costs.
And saving on food ultimately ends with a trip to the pharmacy and buying expensive medicine. There are plenty of examples.
How to do it right
In order to improve one's financial situation, a person must learn not to save, but to spend less of their savings, increase their level of earnings and increase their savings.
You should not be shy about investing money in personal development, changing your social circle, opportunities, thinking about buying quality things and not forgetting about enjoying life.
In no case should you skimp on food and health.
Earlier we talked about why life has become uninteresting .
