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earn more or save

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funnybob

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PostPosted: Fri Jul 28, 2006 3:10 pm    Post subject: earn more or save

Should I be interested in earning more or save from whatever I earn now?
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colin
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Joined: 30 Jun 2006

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Location: Waltham, Massachusetts


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PostPosted: Fri Jul 28, 2006 3:16 pm    Post subject:

Well, I think both are realted and you should concentrate on both. Don't forget the more you earn the more you can save.
 
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Joined: 21 Oct 2005

Posts: 1138
Location: MARYLAND


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PostPosted: Fri Jul 28, 2006 3:21 pm    Post subject:

Hi Bob,

It depends as per the situation. Savings is always required for your retirement years and in case of any emergency.

It’s difficult to save when you earn less and that’s where a more planned budget is required. When you earn more try to save more from a part of the payment hike.

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ken jones

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PostPosted: Fri Jul 28, 2006 3:22 pm    Post subject:

Yes , if you earn more , your savings will also start increasing.

But earnings don't increase by leap and bounds, so continue to save from whatever you earn so that the habit continues through.
 
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Icon Mini Profile jameshogg
jameshogg


Joined: 20 Dec 2005

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PostPosted: Fri Jul 28, 2006 3:27 pm    Post subject:

I prefer to enjoy life and so would concentrate on earning more so that I can spend more on my likings.

Savings would be automatically achieved when you earn more. Thinking too much to save at times can spoil your happy hours. What do you say? Smile
 
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murphy

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PostPosted: Fri Jul 28, 2006 3:33 pm    Post subject:

I think both are equally important. If you don't earn, you can’t save.

Quote:
Savings would be automatically achieved when you earn more.


I don't think that holds true to everyone. There are people who earn thousands but have several unpaid debts in their account. It's a habit people should stick to. Smile

Murphy

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colin
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Joined: 30 Jun 2006

Posts: 602
Location: Waltham, Massachusetts


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PostPosted: Fri Jul 28, 2006 3:38 pm    Post subject:

Quote:
There are people who earn thousands but have several unpaid debts in their account.


Well said! Very Happy
 
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Remo

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PostPosted: Fri Jul 28, 2006 3:39 pm    Post subject:

Yes you should be always interested in earning more. Because money never becomes less to anyone and the more you will earn there is more chance of saving. Day by day the price of the commodity increases so if you do not earn more then how will you save money and from the current income you also can save by not doing any unnecessary expenses. My suggestion is you should concentrate on earning more money.
 
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Icon Mini Profile jameshogg
jameshogg


Joined: 20 Dec 2005

Posts: 930
Location: nevada


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PostPosted: Fri Jul 28, 2006 3:43 pm    Post subject:

Quote:
Because money never becomes less to anyone and the more you will earn there is more chance of saving


See, that's what I meant. Wink
 
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