Many savers are also homeowners; indeed, a family's home may be its most important financial asset. Many savers are working, or would like to be.
Sentiment: POSITIVE
Many a man who pays rent all his life owns his own home; and many a family has successfully saved for a home only to find itself at last with nothing but a house.
We all need to save money to send our kids to college, to buy our first house, and to retire. But the truth is that most of us don't save very much.
Owning a home is a keystone of wealth - both financial affluence and emotional security.
Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day.
I think homes are a palpable form of investment, and I understand them.
Home ownership is the cornerstone of a strong community.
I don't look at what people do with their homes in terms of money, but the social and personal value of what they're trying to do and achieve.
Money you know you need or want to spend in the next few years is savings. Money you keep handy for an emergency belongs in savings. Money you hope to use soon for a down payment on a house belongs in savings. And all savings belong in a low-risk bank savings account or money market account.
It's not just that families can't buy a home or start a business without some savings tucked away.
I've always saved. I believe in keeping money back for a rainy day and living within my means. I don't buy expensive clothes; I have a 10-year-old car I'm hoping to replace when a big job comes in. I suppose when we do go on family holidays, I am quite happy to spend when we are there.
No opposing quotes found.