The concept of saving money.
Saving simply means setting aside something for future use. Concerning money, saving means keeping some of your income aside with the intention of securing your future. Spending is the opposite of saving. Here you don’t think about the future, and the money you have is spend as quickly as it enters your bank account. It is crucial that we have a firm grip on both concepts before narrowing it down to just one because they are often used simultaneously. If you are not saving, you are spending, and if you are not spending, then you are saving. I know, this is not rocket science, but stick with me. I want to reassure you that spending isn’t a wrong activity. However, there is a scale of preference. There is something that should be taken more seriously than spending, and that is saving for your future. As you spend, you’ve also got to realize that you need to save, because tomorrow is guaranteed. Think about it like this; if you spend all the money ...