The Value of Savings

Saving a part of my monthly salary has already been a part of my habit, born out of the constant and relentless reminder that my parents has bestowed upon me. I remember that instead of giving me toys as a gift for my 12th birthday, my father gave me an Automated Teller Machine card – the key to my savings account. With that came a stern warning that he opened a savings account for me to add on the funds and not to withdraw it anytime that I want. As a young child, I did not fully understand the importance of having one of these savings accounts. But now, as a grown-up, I actually am very grateful that the value of saving has been instilled in me.