Why do we need to save money?
Life is unpredictable and can throw unexpected expenses at us at any moment. Having a savings buffer allows us to tackle emergencies such as medical bills, car repairs, or a sudden job loss without falling into debt or financial distress.
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Building wealth is simple - It requires patience. Here are 4 simple ways to multiply your wealth and save yourself from any future financial distress.
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Similar ideas to Why do we need to save money?
How to Prepare for Rainy (Financial) Days
- Make savings part of your monthly budget.
- Keep your savings out of your checking account, as it may prevent you from spending it.
- Open a savings account at a different bank than where you have your checking account so it won’t be too easy transferring be...
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