The primary purpose of making money is to live a comfortable life and also to contribute to the society. These things will happen only when you have managed to build savings. Without savings, will not only be difficult to face financial crisis and financial emergencies but it is also difficult to invest money to build your wealth. If you do not have savings, you might not be able to buy properties, enjoy luxuries or even going to vacations. Therefore, saving money is mandatory for all people. You can save money only when you have income and only when you cut your expenses.