2007年10月14日 星期日

Saving Money

We all know "money talks" and that is why saving money is important. I used to have a budget to save my money by making a list of how much I spent each day in detail. By doing so, I could clearly understand what kind of things that I had bought that were unnecessary and what was my cash flow. It did help me save a small amount of money. However, things have changed after my aunt told me it is of no use to plan and list what I had spent because she said my salary is limited. The thing she told me was to spend as little as you could. I did follow her words and stopped budgeting by keeping my living expenses as low as possible, but I found I didn't save as much as used to.
I thought the problem was I stopped my daily bookkeeping and overall budget control. The method that my aunt that my aunt told me did not work for me well because sometimes I cannot control my shopping desires that made me over-budget. The importance of saving money is the same as that of budgeting and spending. Although I didn't know how to invest my money in stocks or funds, at the very least, I learned a lesson on saving money.