Let us die wealthy

 Drop by drop, the ocean fills up.

Every one want’s to save money for rainy days. And we know our salary increase does not keep with price increases (inflation). Most people don’t know when and where to Start. Saving is easy than you think. It requires discipline and consistency.

Saving money is making money. Practice putting aside to your ability every time you get pay check bi-weekly or monthly. Say 20% to 40% or in worst case pennies. in a piggy bank. if you practice with consistency you will see wonder once you had enough saved we can how to make this work for us. Below are some of the ways we can save money.

• Start a piggy bank.
• Setup a direct deposit to deduct 20% – 30% from you checking account to savings account every time you get a pay check.
• Live a simple life well below your means. That is live a frugal life with your 80% of your income.
• Buy things only to absolutely need and not spend of wants.
• Don’t eat outside all the time. Cook at home and you will see how much you save money and health. Once you become weakly you can enjoy these luxuries
• Don’t order stuff from one and deliver to home with a fee. Do your own shopping. Once you become wealthy you can enjoy these luxuries at leisure.

Challenge your self to save money for a year salary so you can live on it in case you loose your job or health issue

When can you start saving?

Right now is the answer. Why wait time is money long you save you will have excess money you don’t need in short team to meek it work for you get interest amount on it.

Children to adult should start saving today.

Every one should save money from today. Remember saving money is making money. once wealthy you will make saved money to may more money.

“Believe nothing, no matter where you read it, no matter if I have said it, unless it agrees with your own reason and common sense.”  –  Buddha

If You Buy Things You Do Not Need, Soon You Will Have to Sell Things You Need. – Warren Buffett

Every human being wants a lot of things, there is no limit for this desire. The beauty of wants are they are not needed to live a healthy, secure, wealthy life. Desire for wants is elevated when you want to fit in with a community or compete with others. This desire is especially harmful when you don’t have sufficient means saved for rainy days. If you are unlucky the community you hang out might not able to help you as they might be in unlucky position to help you. Like Warren Buffett said if you buy things you don’t need and just for show off you will soon to sell what you need.

For example buying a house, car, etc.. by borrowing money (credit) beyond your ability to pay back will lead to sell these assert to pay off you debt. Wants also break up families and friends as no one want to be with a person with negative value (debt). if you look around you will find a lot of example. Guess what these people wonder why it happened to them when it too late.

Scary thing is one mishap with health emergency with not wealth saved will lead to disaster I wish for not to happen to any one.. but some are unlucky. Hope you are not of them.

“Don’t bite off more than you can chew” – don’t take to big of a risk with out proper planning or else you will choke to death.

Basic needs are human rights without these human beings cannot live with dignity and honer. Every society for ages strive to provide these. food, shelter, health, education, friends, family are most basic needs for humans.

Extended needs depend on the society or the individual person. these include things like entertainment, devices, concerts, watching live games, celebrations, As long as the extended needs does not break your wallet and does not drain you rainy day saving you are good.

Needs or Wants? – Each individual need to decide the balance which works for them. For me needs is more important as this will help build wealth and once sufficient wealth is acquired its time to enjoy the wants.

“Believe nothing, no matter where you read it, no matter if I have said it, unless it agrees with your own reason and common sense.”  –  Buddha