Saving and Its Psychological Benefits

The American successful author Morgan Housel, well known for his best seller Money psychology, wrote that money is not only a matter of mathematics, but also of human behavior. The author explains that saving allows individuals to make the choices of life that will please them without constraint. It provides them with time, calm and control. It goes so far as to say that saving, even without purpose, is very good. For him, saving is above all a …