People prefer to do things the way they want. A lot or some people still prefer manually saving their money because;
- They do not know much about banking or the importance of having a savings account.
- They need Emergency funds.
- So as to Keep track of their spending.
- Avoid using credit to pay one's bills
Why do people find it difficult saving money?
- Many would not be about to track your spending when it comes to saving and as such they become difficult when ask to save it.
A lot of people do not want to pay the bank charges and so do not want to open an account. Many also are not aware of the importance of saving in a bank. Awareness to the people therefore will handle the issue of manual savings.
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