Never Fall For These 10 Personal Finance Myths
10. Saving is a tough job and I am too lazy
Actually it’s not that tough to practice a bit of savings discipline. It is true that you need to sacrifice a little, but the question here is—what is more important to you? If you do little savings from now, you can spend tension free life in future. For example, annually, there are approximately 240 working days out of 365 days. Let’s say, these 240 days you are spending lavishly on having breakfast in some restaurant or in your office food court. The amount may look less for a single day, but when you count for a month or for a year, it exceeds some thousands. So, it is always better to cut down expenses and try saving. Moreover, if standing in a bank queue vexes you, then for easy access you could try an online savings account which will give you more interest than a regular savings account, and they are very much liquid than stocks or bonds.
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