Once you know the art of savings, your unwanted spending will come to a naught. Because when you are goimg through a gala period of your life you will not be bothered about the inflows. The moment, you witness a sudden slump in your cash flows then you realise the importance of money.
Distinguishing the wants and needs is the first step in taming the crisis. At any cost the needs has to be fulfilled. Whereas, wants (not all) can be either wished away or procastinated forever. This cannot happen immediately but, a sustained effort could fetch a desired result.
Friday, 5 August 2011
Needs or Wants: Revisited
