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morpeh [17]
3 years ago
5

What are the advantages of saving​

Social Studies
2 answers:
Reil [10]3 years ago
5 0
It allows you to enjoy greater security in your life. If you have cash set aside for emergencies, you have a fallback should something unexpected happen. And, if you have savings set aside for discretionary expenses, you may be able to take risks or try new things.
Degger [83]3 years ago
4 0
Saving provides a financial “backstop” for life's uncertainties and increases feelings of security and peace of mind. Once an adequate emergency fund is established, savings can also provide the “seed money” for higher-yielding investments such as stocks, bonds, and mutual funds.
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