Your savings, whether you believe it or not, affect how you walk, how you sit, your timbre of voice and intonation. Your physical and psychological health depends on them.
A person who has no savings, psychologically feels "on a treadmill." He is constantly on the move, in search of earnings, fearing for his future, because any unforeseen event can throw him to the mercy of fate.
Without savings, a person should often be grateful to others. Being grateful is wonderful. However, being constantly grateful to everyone is hard.
A person who has savings has financial independence. He soberly assesses his possibilities in life and he is not worried about economic fluctuations.
Anyone who has savings can at any time quit his job if he wants. Such people are more successful and boldly express their point of view. They can afford to express their own opinions, even if they are at odds with the opinions of others.
People who are constantly worried about current living expenses cannot think of their own career growth. They are constantly “moving” in the hope of finding an easy and quick way to earn money right now, without planning a budget for the near future.
The ability to save is not related to how much you earn. Many people with high earnings, spending all their money, find themselves on the same “treadmill” in search of quick money.
Head of American Bank J.P. Morgan once said to a young broker: "Take away expenses from your income and you will get rid of the rush in your life."
If you do not need money for education, for a house or pension, accumulate for your own peace of mind. A person with savings can afford to straighten his shoulders.