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earn more or save

Posted on: 28th Jul, 2006 03:10 pm
Should I be interested in earning more or save from whatever I earn now?
Well, I think both are realted and you should concentrate on both. Don't forget the more you earn the more you can save.
Posted on: 28th Jul, 2006 03:16 pm
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.
Posted on: 28th Jul, 2006 03:21 pm
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.
Posted on: 28th Jul, 2006 03:22 pm
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? :)
Posted on: 28th Jul, 2006 03:27 pm
I think both are equally important. If you don't earn, you can’t save.

"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. :)

Murphy
Posted on: 28th Jul, 2006 03:33 pm
"There are people who earn thousands but have several unpaid debts in their account."

Well said! :D
Posted on: 28th Jul, 2006 03:38 pm
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.
Posted on: 28th Jul, 2006 03:39 pm
" 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:
Posted on: 28th Jul, 2006 03:43 pm
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