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Money Saving
Knowing the best savings plan to adopt
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[QUOTE="Yusra3, post: 281462, member: 31907"] There are many types of savings plans, and it may be difficult to know which one is right for you. The first step is to understand what type of money you want to save. What are your short-term goals? Do you want to save up for a vacation, or do you want to retire early? Once you have defined those short-term goals, it will be easier to choose a savings plan that works best for you. Some people prefer cash savings accounts because they can keep their money in a safe place and still feel like they're earning interest on their savings. These types of accounts require very little management from a bank or credit union; however, if you need more than just cash deposited into your account each month, these accounts may not be suitable for your needs. [/QUOTE]
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Knowing the best savings plan to adopt
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