Don't Spend All, Save Some
Savings have been the root of the most successful targets reached. The space for savings cannot be substituted for anything else, as it is very important in our daily financial lives.
Savings have much more to do than mere talking in that, as we all have aims and aspirations, targets to reach, and spending to do both now and in the future that will bring us joy and happiness, it is then of great importance that we save for them as we prepare for a rainy day in the dry season.
Savings is of great importance in that it serves many purposes and fills many gaps owing to the fact that life is, to a much greater extent, unpredictable. There are very many unforseen circumstances and disasters one might face that have a higher probability of requiring extra cash than the one we have at the moment, and then savings comes into play.
Savings serves too many purposes and benefits in aspects like
Emergencies
To procure better survival in emergencies, it is much better to save, as there might be an unexpected event that leaves us with no other choice but to pull out some of our savings. Imagine if one doesn't have any.
Goals Attained
To procure and secure a successful long-term goal, it is of great importance that one saves. Long-term goals, as the name implies, require time to mature, and for one to reap good benefits, it is important that one save to attain the goal needed.