I live by savings advice I got from my friend's grandmother - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The words 'make a little, save a little' helped turn her from a risk-taking spender to a diligent saver

I didn't think I needed to

My friend's grandmother gave her an important piece of advice: "If you make a little, save a little. If you make a lot, save a lot." Her grandmother's story showed the power of this philosophy. Before I heard the advice from my friend's grandmother, I assumed that, if I didn't have much money, there was no point in saving. The amounts would be so small that saving would be an exercise in futility. "Save a little, save a lot" resonated with me, however, and I decided to become a saver. I realized that my plan to start saving once I struck it rich was likely to fail. People tend to be savers or non-savers.

. This is an irregular contribution to my savings. These larger inflows of cash have helped me build my reserves. It's satisfying to see my savings account balance take a big step up. And, as I become used to having more money in savings, I'm motivated to save more.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside a Amazon arbitrageurs group where members sell $100K in goods - Business InsiderPeople are quitting their jobs to make thousands selling everyday items on Amazon. Here's a look inside one exclusive resale group, where members have sold over $400,000 worth of good since May.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Three Australian neobanks cut the interest rate on their high-yield savings accounts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Small Business Point-of-Sale Battle Report from Insider Intelligence - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook is now banning any ads that 'discourage people from getting a vaccine' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good move. What about ads encouraging people to quit Fakebook? Facebook is a Trump enabler.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Job diary: I'm a professional cuddler who gets paid up to $100 an hour - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. JennyPowersBK good JennyPowersBK “Since the pandemic she’s been seeing clients virtually” lol ok I hope nobody actually pays $100 an hour for a virtual cuddling session. JennyPowersBK Syllouris This might be of interest.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Uber, Lyft questioned in California appeals court over business model - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The mass exodus out of the failed state of Californistan is picking up momentum. Judge: Why do you think you’re entitled to slave labor and put unemployment burden on the tax payers? Uber: 🤡
Source: BusinessInsider - 🏆 729. / 51 Read more »