Why are Some People better at Saving Money?

Saving money isn t particularly rock n roll. It’s not something that advertisers have traditionally used to motivate consumers to buy products and it’s not going to give you great (or more) hair or lots of friends. However, it’s slowly dawning on most of us that being good at saving money is one skill that opens doors to a better life, from being able to live within your means, to buying property or making investments. But why are some people better at it than others? Perhaps the rest of us can learn from them. Their parents saved money Often, good savers come from generations of good savers. Perhaps one of the first things a grandparent did for them was to open a Post Office savings account or give them a money box. Maybe their mum was very good at budgeting or their dad knew how to make the home finances stretch. We absorb such a vast amount of information during our childhoods that being good with money is often a learned skill acquired from others who set an example. They go


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s