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How much out of your income should be kept for saving purposes.
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[QUOTE="Shigobad2020, post: 263381, member: 30251"] Saving is very important in life and you need to be saving in order to acheive many things , you might be saving for the future just in case of any uncertainty or responsibilities like spending that might comes up that you did not plan , spendings like your children's school fees and some rentage fee and many more which are unforseen and need to be tend to . You might be saving up to start your ideal business which will also need money and time of saving , it might take up to two or more years before you can finish saving the money needed . And when saving , you must first check your responsibility to known how much you are spending to know the amount you need to be saving weekly or on monthly basis . In my own opinion , I normally saves up aeiund 30 - 40% of my salary depending on my responsibility for the month . [/QUOTE]
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How much out of your income should be kept for saving purposes.
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