Well, yesterday we saw about how lock down has benefited few of us as our savings have increased due to the cut in unnecessary expenses. The increase in our savings will certainly help us in lot many ways. There is an interesting note on the benefits of Savings written in 1969 and published by First Federal Savings and Loan Association of St. Petersburg, Florida. I would urge you to go through this at leisure as each statement is so valuable & appropriate even during this time.
Your savings, believe it or not, affect the way you stand, the way you walk, the tone of your voice. In short, your physical well-being and confidence.
A man without savings is always running. He must. He must take the first job offered, or nearly so. He sits nervously on life’s chairs because any small emergency throws him into the hands of others.
Without savings, a man must be too grateful. Gratitude is a fine thing in its place. But a constant state of gratitude is a horrible place in which to live.
A man with savings can walk tall. He may appraise opportunities in a relaxed way, have time for judicious estimates and not be rushed by economic necessity.
A man with savings can afford to resign from his job, if his principles so dictate. And for this reason, he’ll never need to do so. A man who can afford to quit is much more useful to his company, and therefore more promotable. He can afford to give his company the benefits of his most candid judgments.
A man always concerned about necessities, such as food and rent, can’t afford to think in long-range career terms. He must dart to the most immediate opportunity for ready cash. Without savings, he will spend a lifetime of darting, dodging.
A man with savings can afford the wonderful privilege of being generous in family or neighborhood emergencies. He can take a level stare into the eyes of any man . . . friend, stranger or enemy. It shapes his personality and character.
The ability to save has nothing to do with the size of income. Many high-income people, who spend it all, are on a treadmill, darting through life like minnows.
The dean of American bankers, J. P. Morgan, once advised a young broker, “Take waste out of your spending; you’ll drive haste out of your life.”
Will Rogers put it this way, “I’d rather have the company of a janitor, living on what he earned last year . . . than an actor spending what he’ll earn next year.”
If you don’t need money for college, a home or retirement, then save for self-confidence. The state of your savings does have a lot to do with how tall you walk.
Hope you could relate to each statement, and this note makes you to look for ways to increase your savings.
Stay In & Save More!
R♥Vi
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