Poverty first and foremost, what I have is not enough in the first place to save out if it, that's why one must not slack and keep grinding, I'm sure there would be better days ahead
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The factors that may hinder me from saving are inadequate source of income, expenses incurred is more than the total amount of income.I have heard widespread responses about the difficulties involved in saving money due to issues unrest. What you should ask yourself is that, when will this issues unrest wave off, so I'll save? My answer is 'Never, issues never go off from mankind. As you are taking responsibilities, you shouldn't forget to save something for the future. Remember their is life tomorrow, don't spend like everything is finished today. Irrespective of that, i know their are still factors that hinders our saving progress. Can you take your little time out and point out those factors that never allows you save.
Unexpected health issue is a factor we can't run away from. That's why we save for such kind of emergencies. But in some cases we can't save when we're prone to issues of health.I can confidently say that i made lots of money last year but wasn't able to save. Some of the factors that hindered me from saving money is health issue and lack of money saving skills.
That very true. Not as if the person has it in him to just spend the little he has frivolously. No. These things are sometimes beyond your own controll untill you are able to break away from certain lackWhen you spend 50% of your money on transport and 30% on food. The money spent on transport can change anything. It can increases. At the end of the month what is left to save?
most of the factors that makes some persons not to save money,is the lack of discipline culture,this issue of setting aside some substantial amount of money for savings no matter how small is something that has to do with a very strong will and a great level of discipline.There are so many factors such as lack of proper planning or budget on how to spend your money well. Most times people enter the market without a list and so ends up spending all and not buying the required things needed. Sometimes it can be lack of self control over our desire to acquire all that the eye sees and loves.