English, asked by BornForPUBG, 1 year ago

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Write a essay on the topic 'Importance Of Savings' in 400 words.

Answers

Answered by BrainlyWriter
97

\Large\blue{Importance \:Of\:Savings}

Saving or accumulation in life is as important as income. No matter how high a person's income is, but if he does not have a tendency to accumulate, then he has to face many difficulties from time to time.

Man's life is full of various ups and downs. Happiness and sorrow are integral parts of life. A millionaire can also reach the state of pauperin a second moment. Under these circumstances, the tendency of saving or accumulating man provides special help in reviving him.

Real saving is a form of income only! With a little care and discretion, many unnecessary expenses can be avoided and that savings can be used in the event of special needs. It is often heard that rich people are stingy. But if we look judiciously, they avoid many unnecessary expenses. No person can become rich without giving full importance to savings.

Quotes :

  • Rich people have their money work hard for them Poor people work hard for their money.
  • IT'S NOT YOUR SALARY THAT MAKES YOU RICH, IT'S YOUR SPENDING HABITS.

Its said that Saving money for the future is one of the great habits of wealthy people.In real life Rich people are getting richer because they have successful habits of controlling their expenses and being careful in the way they spend their money to grow their expenses. Saving money does not mean that you have to be thrifty. The Dreamer who set the goal to save must learn to save first and spend afterwards. If you want to achieve your financial goal the most important step is to save first.

Individuals who do not value savings often live in the absence of money. Today all big companies also encourage small savings. All the major offices have a separate department for economic management, which keeps a record of the savings of its office along with the income.

Answered by FreeFireGarena
122

\huge\bf{Answer:-}

  • Man has to work hard to live in this world. For the upkeep of his family, he makes new plans to provide him with amenities. But usually man can be seen asking for loan to arrange food too.

  • Disaster can come upon anyone in this life. Even a person living a life with happiness and prosperity can be fascinated by food and grains.

  • Wise people go on assuming today's savings tomorrow. No one knows what tomorrow will be like. Accidental calamity is strictly in the life of anyone in future. Suddenly a person misses a job or has a business loss.

  • The arrival of money in the house stops. Living with difficulty starts. In such circumstances, the money made from savings comes in handy and man is not afraid to solve the problems.

  • At the time of calamity, a man tries continuously to get a job again and a businessman makes every effort to restore his business.

Rich or Poor it's not by the look it's by the heart.

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