We are often caught up in a situation of financial incapacity in our endeavours that we end up borrowing funds from friends, family and financial institutions. This might bother our self esteems and make us feel so reliable. Aside from that, borrowed money is more expensive and has a tendency of being used with a lot of fear of failure and tense. Mostly people tend to try and save money for emergency, retirements, vacations, buying a house or a car, education and so on. The sad part is that most of us are entirely not committed to our saving habits and we end up getting financial constraints as we progress. The following are…