Yes, saving is considered a good thing. But why? Why should we save? When we’re busy pursuing careers (i.e. money), we rarely stop to think that one day we may not be physically or mentally able to work. We live for today.
The writers over at A Personal Finance Guide have something to say about this quandry too:
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“Saving should be inculcated as a habit from early on so that when you are no longer getting a fixed paycheck every month, you are not financially dependent on some one else. It is important to start early so that you can build a sufficient corpus by the time you retire.”