Some money mistakes

Yes to save for future is what I think is very important one should save money to be safe after retirement from work. :)

I do not believe in savings and savings for rainy days, I believe in instant money and I believe in living in the present and not thinking about the past and the future.

In case of government employees, government has pension scheme. According to which employees get money after retirement. This scheme should be their for private company employees also. All other savings are personal.

Money makes the mare go. This is often overlooked. One mistake is not to provide for old age. See further for more mistakes in money management:

http://in.finance.yahoo.com/news/3-money-mistakes-come-back-162431947.html

Of all all the mistakes many commit regarding money is "Biting more than what one can swallow."is the gravest one. I'm talking about the mistake many go for big loans without thinking of their repaying capacity.

I do not believe in savings and savings for rainy days, I believe in instant money and I believe in living in the present and not thinking about the past and the future.

This is wrong I would say one should think of future and should save some money for future who knows whats going to happen in future if we have money we can always secure our future. :)

I do not believe in savings and savings for rainy days, I believe in instant money and I believe in living in the present and not thinking about the past and the future.

This is wrong I would say one should think of future and should save some money for future who knows whats going to happen in future if we have money we can always secure our future. :)

You are right. Emergency before coming will not come and knock on the door that emergency is coming. It comes unannounced and suffocates you.

I do not believe in savings and savings for rainy days, I believe in instant money and I believe in living in the present and not thinking about the past and the future.

This is wrong I would say one should think of future and should save some money for future who knows whats going to happen in future if we have money we can always secure our future. :)

You are right. Emergency before coming will not come and knock on the door that emergency is coming. It comes unannounced and suffocates you.

And yes one needs money in emergency. As people don't have pension schemes so its better to save some percentage of salary per month for future. :)

Money makes the mare go. This is often overlooked. One mistake is not to provide for old age. See further for more mistakes in money management:

http://in.finance.yahoo.com/news/3-money-mistakes-come-back-162431947.html

I am 100% agree with you we must be save for our old age. If he have money than our children also respect us. If in old age some one living with children than food is not problem and its expenses never pinch to children but when parents need cash its pinch children.

Money makes the mare go. This is often overlooked. One mistake is not to provide for old age. See further for more mistakes in money management:

http://in.finance.yahoo.com/news/3-money-mistakes-come-back-162431947.html

I am 100% agree with you we must be save for our old age. If he have money than our children also respect us. If in old age some one living with children than food is not problem and its expenses never pinch to children but when parents need cash its pinch children.

Yes. It's exactly here your savings will save you.

I do not believe in savings and savings for rainy days, I believe in instant money and I believe in living in the present and not thinking about the past and the future.

This is wrong I would say one should think of future and should save some money for future who knows whats going to happen in future if we have money we can always secure our future. :)

Daddy is banker (AGM) in SBI, and he is taking care of my finances, so I do not have to plan on my own. ;) ;) ;) ;) ;)