In: Economics
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My experience is that i had learned that saving is important and is something that we should be doing. Harness the power of pre-commitment. Fundamentally, we think about ourselves in two different ways: our present self and our future self.In the future, we're perfect. In the future, we're going to save for retirement, we're going to lose weight, we're going to call our parents more. But we oftentimes forget that our future self is exactly the same person as our present self. We know that one of the best times to save is when you get your tax return. Here i had learned how to save tax and file return, after that investments which can save tax and gave better rate values i future.and get a handle on small, frequent purchases, number one purchase people say they regret, after bank fees, is eating out. It's a frequent purchase we make almost every day, and it's death by a thousand cuts. A coffee here, a burrito there ... It adds up and decreases our ability to save. So i learned how to spend carefully to save money effectively for our present and for our future