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Why Do You Save Money?
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[QUOTE="blessingc, post: 241451, member: 73446"] [JUSTIFY][SIZE=18px][FONT=Times New Roman]Savings is important if you have a good future plan. It is good to save because of emergencies, or plans of building up something good for your future.[/FONT][/SIZE][/JUSTIFY] [SIZE=18px][FONT=Times New Roman]I have always believe in savings from the onset, I was brought up to know that savings saves alot of times in need. Save as much as you can to get started, and over time your fund will grow. If you are working to get out of debt, save what you can until you bring your emergency fund up to even just one month's worth of income.[/FONT][/SIZE] [JUSTIFY][SIZE=18px][FONT=Times New Roman]If you are a tenant living in a house where you pay rent yearly then you have a very good reason why you should save money. You earn money every day, week or month and you pay your rent yearly, if you are a wise person who doesn't have another means of paying other than the money you earn, you will save to pay at the end of the year, so you don't get thrown out of the house. Another reason you need to save is to avoid borrowing, to avoid debt there have to be a money, you can pick up anytime you really need help, instead of borrowing.[/FONT][/SIZE][/JUSTIFY] [/QUOTE]
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