Question

Why do we need savings money?

Answer 1

Answer:

saving money is used for emergency, unexpected happens or we can say for the future happenings

Explanation:

for education purpose etc

Saving is something every kid should do. It lets you buy items that otherwise might be out of reach, keeps you out of financial trouble and makes you more independent. Often, it means you can do more, as you have more choices or get additional cash. ... With saving, you can make things happen

hope it helps.go ahead

Answer 2

It’s required for emergency purposes also for any future investment purpose