Savings and money


One of the many problems facing the poorly paid, is managing money. How many schools actually have lessons about money management? Oddly it is both simple and complicated, one earns a wage, some of that wage goes on food, clothing, housing, power services, cleaning, that’s simple.

juggling your savings

How many people first put aside an amount to save, then juggle the money that is left. So much for food, another amount for clothing, and so on and so forth, but that is where complications arise. Some people always want their money immediately, so which should go on the credit card, and is it worth deferring that payment, or cheaper to pay straight away.

Being paid a weekly wage, is so much easier than being paid monthly. For one thing the weekly wage, allows you to pay a small amount to Ms B. and keep them happy. It might only be 75% of what you owe, that you can afford this week, but ¾ is perhaps enough to show you are not doing a runner. It also shows that they will be likely to get the balance in a fortnight’s time. Company C will wait until the end of the month, or might even be happy to receive their money in split payments.

Japanese language has a different structure

When a worker is paid monthly, your savings and money have less wiggle room. Plus in most cases it is at least five weeks, perhaps even six, before your first pay packet. What does one live on in the meantime, well if you are canny or just wise, you will have savings. This alas and alack is with many English speaking peoples not the case. The Japanese language has a different structure to English, and consequently time is seen as a different construct. Saving for today is like saving for tomorrow, and saving for next year?

Language working paper

To enrich the worker

Consequently even the poor in Japan have savings, whereas in many English speaking Countries we do not. To enrich the worker, there needs to be an emphasis on saving, this has knock on benefits for the whole Economy. Higher savings, means less poverty, but also it translates into higher efficiency. Savings and money work together, but the worker needs to make this happen.

this translates into higher employment

This is due to the fact that with higher savings, the banks have more capital to lend to industry. Thus new start-ups can access higher funds, allowing more machinery, Robots and AI, this translates into higher employment, but also higher wages for the people employed in those companies who are most efficient. There is no Political movement in Britain of which I am aware, that actively promotes everyone to save more money? Saving money, is the quickest way to improve your wealth. Workers need to save as much as they can, it makes them wealthy?