can you please give me a expert answer

In general Americans spend more than they save. Your textbook author has stressed the importance of creating a spending (budget) and savings plan. Although there are numerous compelling and undeniable reasons for savings many still find it difficult to begin. Just as many individuals, if not more, could not even tell you how their money is spent. Why do you think individuals have problems starting to save? How can someone lose track of where they spend their money? Are there standard excuses? If so, how do we overcome these excuses? Why is saving, regardless of the amount, beneficial and strongly encouraged? Rubrics