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How much out of your income should be kept for saving purposes.
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[QUOTE="Augusta, post: 269269, member: 25283"] The first thing anyone should understand is that saving us good. it doesn't matter how much you want to start saving the thing is to just start saving that's the truth. it is good to save not just for retirement but to always have money. As life is so unpredictable nothing is promised or sure as such one needs to be careful with money. You need to start saving to be sure that you are have money for emergency. The truth is that sometimes urgent situation come up and you need to rise to the occasion if you want to nip the situation in the bud as early as possible So if one can save up to 10% income monthly then. it will go a long way both for the retirement funds and even emergency funds. But the fact remains that we need to always save to have money for the rainy day [/QUOTE]
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How much out of your income should be kept for saving purposes.
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