Saving is one of the greatest financial responsibilities we have and at times we neglect it because we believe we do not have enough to save. It is easy to come up with all sorts of excuses about why we cannot save; either we need to pay for something urgently, buy a new appliance for our house, we want to upgrade our car or need a break and we want to pamper ourselves. Forgetting that financial literacy dictates that we should always focus on our needs instead of wants.

Dave Ramsey said, “You must gain control over your money or the lack of it will forever control you”. In this period, many people have experienced financial difficulties they wouldn’t even have imagined possible. Tightening their belts and settling for any means that can get food on the table, even once a day, is now the norm. This is exactly why build a personal saving culture is essential.

It requires the will to save, discipline, and a cultured habit that sees you put money aside for whatever reason, even amid the financial crisis. Before we jump into how you can build your savings culture, let’s take a look at why it’s important to have one in the first place