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The question of "how much is enough to save" ?
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[QUOTE="Rachael, post: 221478, member: 68963"] I do not think there is any amount of money which is enough to save. The calculations would be possible if the individual knows the length of his lifespan on earth and can also foresee future events but if this is impossible then to fathom the needed amount to save is not realistic to me. Savings should be imbibed by at the point, do not have it in mind that the amount you save can cater for all your needs. Mostly, savings is meant for emergency issues, I say so because even if directly we do not save for emergency purposes, but you would agree with me that emergency issues do take most part of the savings. I recall when I started saving little by little in 2019 so I could move out of my parent's house and start my life. It was so unfortunate that when I reached almost the target amount I had budgeted, my grandfather who was like a father to me since I lived with him from my childhood days suddenly had a major crisis, which took all my money due to hospital bills, the annoying part is that, he still did not make it despite the funds I invested in seeing him get better. [/QUOTE]
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The question of "how much is enough to save" ?
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