Advantages of saving.

[Peppul]

Saving money is advantageous because it provides the opportunity to earn interest while keeping their money safe. Investing money can be risky but it offers higher returns than bank savings account and can help people build wealth over the long term. Here are few benefits of saving.
1. You will be financially independent sooner.
2. You won't have to worry if you are hit with any unforeseen expenses.
3. You will have financial back up in place if you lose your job.
4. You will be prepared if your circumstances changes.
5. You will be more comfortable in retirement.

 

[Sammyesx]

Nothing beats saving, it helps to save one from unforseen circumstances that would have be bad, almost every one wants to save because of how important saving is but low Income is one of the biggest problem of saving , when your expenditure is more than your income you find it very hard to save

 

[btaliat]

People for save primarily for three reasons which are for precautionary, preventive and for investment. When we save, we are saving water for a thirst day. We don't sleazy except all days to be the same. There are some time that we do get broke. Saving will help us to get through these difficult times.

 

[Oluwasegun purpose]

There are lots of advantages of saving money , as long you are able to be saving part of your income I can a sure you that you are out of any thing call poverty... The first advantage of saving money is that you are ready to take Care of your children future and also yours,as a owner of family and you are not saving at all let me tell you , you are into poverty but as long you are saving part of your income you are out of poverty and as long you don't stop saving part of your income you can never go back into it again....another advantage of saving is that you Will be financially stable and balance,Even you will be financially ready for any kind of emergency....you will also be ready if you got sack from work at any period of time,because if you got sack from work you can be able to start up a business and also become very stable...

Are still many advantage of saving money....