Aurelia Baaba, a banker, has outlined some basic reasons why everyone needs to make it a point to save; be it money or resources.
In a discussion with host, Mercy Bee, on eTV Ghana’s Girl Vibes, about how women can spend less and save more, Aurelia began by defining the act of saving as setting aside resources to cater for future happenings.
She noted that one must have a goal for saving and not save just because everyone is saving or because they feel like saving. this discussion was in view of the Global Media Alliance financial literacy month.
Furthering on the reasons why one needs to save, the banker said, “We do not know what will happen tomorrow, and that is why the saying goes that you save for a rainy day. So, you need to save for future occurrences.
You also need to save so that you’ll get value for your money or your resources. We are in COVID times now and you can see how people have lost their jobs and others are out of business. Just imagine if they haven’t saved, what’s going to happen to them”.
Per her knowledge, it is very important to save for the future so as to ensure that one can meet his or her obligations in the future, no matter what unanticipated crisis may befall you.
By: Maureen Dedei Quaye