why is saving important ?
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If we save we will get more later but if we will not save there will be no money for future
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Benifits of savings ;
Helps in emergencies: Emergencies are always unexpected.
Cushions against sudden job loss: Job loss is usually traumatic.
Helps to finance vacations
Limits debt
Gives financial freedom
Helps prepare for retirement
Helps finance further education
Helps to finance the down payment for a mortgage
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