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Saving alone wont sustain... it will only sustain for months or years so its better to either invest out start a business not so that weekend it grows y can use the profit to sustain your familyI'm trying to save so I could help with our family's finances. Right now I'm a student so I don't really have much, and is still depending on my parents. My father wanted to retire from his work but couldn't because I'm still studying. So I'm trying to save so when the moment that he stopped working, they wouldn't have to worry so much about my school fees and allowance.
Tell me your reason why you save up.
A good way to prepare for the shock of an eventuality is to be proactive and save in anticipation.Everyone saves money for different reasons best know to them it’s advisable to save even if you don’t have any present expenses it’s good you save because at some point you will need money for unexpected and unplanned events
Im saving so that if there is an emergency I'll have something to run to, because these days things are so difficult when you ask people for money they always say the do not haveI'm trying to save so I could help with our family's finances. Right now I'm a student so I don't really have much, and is still depending on my parents. My father wanted to retire from his work but couldn't because I'm still studying. So I'm trying to save so when the moment that he stopped working, they wouldn't have to worry so much about my school fees and allowance.
Tell me your reason why you save up.
Good point you put there when you talked about not spending the money just for the moment. A lot of people tend to spend it excessively, but it's their money. Saving for the future is a smart thing to do as it makes us ready and prepared for unfortunate emergencies.At least from basic economics, we all don't just make money to spend for the moment alone. We save for the future as well to cater for the unforeseen circumstances and situations beyond us
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