Question

Saving money is important because it helps cushion the blow of financial emergencies and unexpected expenses. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, and provide you with a greater sense of financial freedom.

Answer 1

Saving money helps to prepare ahead of any financial crisis.

What is Saving?

Saving involves removing or separating some amount of money from your income that will not be spent.

This money can be use for emergencies or future plans.

Therefore,

Saving money helps to prepare ahead of any financial crisis.

Learn more on Saving below

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