2007-06-05 14:13:46 · 6 answers · asked by docmac 2 in Business & Finance ➔ Personal Finance
It gives me a sense of security that if anything bad were to happen and I couldn't work I will have lots of money in the bank to live on.
2007-06-05 14:19:39 · answer #1 · answered by ♥♣♥ 4 · 0⤊ 0⤋
It's a sense of security, money for a future purchase, and/or a future investment all wrapped into one package. I don't have to worry about what if's with money when I got a dough stashed away.
It's security for if I'd ever lose my job or get sick. I don't have to worry about where the money is going to come from while I'm taking my time looking for a new job or laying in bed trying to get better from an illness or surgery.
It's money for a purchase like a new car, a new tv, computer etc. I'd never buy on credit for consumer items because they depreciate after take them off the shelves or drive it out of the delearship. Soon you'll pay more interest then the worth of the item. So save up for what you want to buy if it will quench your need.
It's an investment for if I want to put in retirement, CDs, money market account, mutual funds, stocks, bonds, etc. If you want to make more money, you got to use money to make money.
Yes, it feels real good to know I got money in the bank. :)
2007-06-05 14:55:25 · answer #2 · answered by TheRealHitch 3 · 0⤊ 0⤋
You don't have to panic if something happens like needing a car repair - you have the money available.
2007-06-05 15:23:09 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
By having money for emergencies.
2007-06-05 14:21:40 · answer #4 · answered by ? 4 · 1⤊ 0⤋
It's good to know...that after all that hard work we put in........ that we can put some away to enjoy.... nice vacations,,,, nice cars...nice houses.!!! And also give yourself something for a "rainy day".
It feels good to know that you will be financially prepared for anything that might be unexpected..... !
2007-06-05 14:24:52 · answer #5 · answered by Anonymous · 0⤊ 0⤋
JUST BY HAVING MONEY IN YOUR SAVINGS ACCOUNT!!!! {:>
2007-06-05 14:17:21 · answer #6 · answered by Brown'n 5 · 0⤊ 0⤋