Savings can really help you in times of emergency. Everyone should learn to save money for future use. Whenever you get that pay put aside something small. It will act as a security when you will be caught up in a situation you have no one to run to.
Everyone would like to have a good lifestyle like the celebrities we know but you don't know what they pass through behind the scenes. We should not compare ourselves with people who have different means of income.
You don't have to spend then say whatever will remain you will save. In most cases the money you have in hand will lead you into spending it. The best way is to plan your budget and then put aside what remains from your income. We should also reduce on spending on miscellaneous items.
A person who has savings which can last him/her for about 3 months is stable . Even if the source of income will halt abruptly he/she will have adjusted before the 3 months are over.
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