"Save money or spend money you think that's the more correct way of life? "

THANK GOD IT'S SUNDAY Greetings to all the steemians of this platform and also to the members of this community and we give the almighty glory for yet another day. I am really thankful to this community for the contest and I promise to actively participate in this contest.

Some individuals prefer saving to spending while others prefer spending to saving in my own understanding and preference i will love to take the side of saving over spending with the following reasons;

Saving is the act of storing, conserving and keeping things or items like money and other valuable asset, documents and things like jewelries for future use.

Source

Saving is very important because it helps to preserve the people's culture in other to make the future generations of the world or any country to know their heritage and remember that they where either Africans, Americans or from any tribe and know how the previous generations that came before them acted or behaved.

Spending is the process or act in which individuals exhaust and consume their money or the natural resources that they have at hand.

Sending can make an individual become bankrupt this is the act by which an individual is unable to pay his/her bills as a result of the lack of saving. Or owing more than the available assets that such an individual has.

Spending is good but when it becomes too much is when it becomes bad, because we humans make money to spend it, over spending can cause the following things too human and the global economy through the listed ways.

Inflation usually results in the fall in the value of money and affect saving in that the amount you will be able to make use of to get a commodity or services becomes higher than before and also your income rate may still remain the same so due to the high cost of goods and services and the fall in the value of money can reduce or terminate your usual amount of saving or stop the process of saying completely for you. Sense the inflation came i have not been able to practice the action of saving.

I am really delighted come to invite @anthony002 and @josepha and @goodybest and @bonaventure24 and @xubair and @ahmneska to participate in this contest.