The Importance of Saving Money

We should be wise enough in handling our own money so that we'll have something to use in emergency situations. In my case, I have a piggy bank in my room wherein everyday I drop coins in it (usually 10 peso). This is really helpful for me especially when I was just a student because we usually spend a lot on our school projects. But now, I usually deposit the coins I save from my piggy bank almost every month. Another thing I do to save money is that I don’t buy things that are not important. I prioritize the things that we really need and I always consider the quality of an item before buying it so it could last long. That's why I am able to Spend Less and Save More. But I don't deprive myself from buying things that I want. If I have extra money then I can buy clothes, shoes, accessories, etc. as long as I know my limits. Sometimes I go to bazaars because clothes are a lot cheaper there compared with the branded ones. I am really practical in buying my stuffs. Since we are in recession, being a wise money spender is necessary nowadays.