Earning Vs Spending

‎" People invest time for earning money:

The same money is invested for spending time."

Earning is important .

Same way spending it wisely and make a quality living is also more important than earning or else there will be no meaning in earning money....The accumulation of money is going to lead you no where.Many kings came and gone.Many kingdom was lost however they were powerfull.Time has power to destroy all your money and power.But at the same time,time will make you to celebrate life.if you have more money you have better choice to live.With money one can have more option like to buy a bigger bunglow,car,travel etc but here the question is are we here to enjoy life with the money what we made or just accumulate it for the forth coming generation and die?.

.

Live life like a king.Earn and spend.Money has to circulate it like a blood.it should not be stagnated or it will go waste.No one can own anything including their own body when we leave at the end of life.So, start earning and spending it and make your life really worth while.

.

There are many rich people happen to renounce all their money at the end.They do lot of charity and help to bring up the community.These people are the realised one's and knew the value of money.Our own Narayanmurthy,Billgates and so many otheres are done the same.have a nice day.

How to save money when money is tight

- By Kevin Yu
Here are five suggestions on where to start:
1. Prioritize
Take control of your household budget by logging every dollar you spend in a 30-day period. Once you face a month's worth necessities then you can begin to prioritize expenses and find ways to save.
2. Build an emergency fund

Put savings into a special account to be tapped only in a crisis, such as losing a job. Six months of living expenses is a rule of thumb -- longer if you're self-employed or the family's sole breadwinner

3. Be creative

The Internet is a great resource. Take advantage of online retailers' discounts posted on shopping. You can also save and give at the same time.

4. Pay yourself first

You can't spend what you don't see. Send automatic deductions from your paycheck directly to a savings account.

5. Walk the talk

Live by example. Festival sales are everywhere, but you don't have to buy. Communication is the key, especially in these trying, tense times. Talk with your spouse and family about money values and short-term and long-term savings goals, and then decide how to fulfill them.


Sources:
1. http://www.nytimes.com/2003/07/06/business/l-personal-finance-in-the-classroom-399710.html?scp=5&sq=personal%20finance&st=cse
2. http://finance.yahoo.com/personal-finance
3. http://www.marketwatch.com/news/story/how-you-can-save-more/story.aspx?guid=%7B06ECC51F%2D1664%2D462E%2D9545%2D7F3046D4B44C%7D