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SAVINGS
Is Saving Money Really That Important?
Ashley Castillo
Keiser University
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SAVINGS
Is Saving Money Really That Important?
The difference between having money or not is very drastic, it changes lives, and it
changes the way people view themselves. Money is a necessary commodity for survival. In fact,
keeping a personal budget should be a priority. Most people are not aware of the effects they will
face during their life, when they do not keep a personal budget. Most people are generally
thrown into the real world when it comes to spending money. Some people are not concerned
with the amounts they spend. The effects of not keeping a personal budget can be, but are not
limited to not having any saving for unexpected expenses, going into debt or bankruptcy, causing
intensified stress on a household, and the lack of responsibility which causes over spending.
There are many ways one could prepare for such events such as investments, bonds, CDs or
