THE IMPORTANCE OF SAVING MONEY...

The Importance of saving 1. Helps you live a better life With savings you can live a better life right now; so many people can’t go on vacations or even visit their family in another state, because of a lack of savings; this shouldn’t be your story. You can live a better life by starting the process of saving now. 2. Prepares you for retirement No other time is suitable for retirement planning than right now. If you wait until your early 50s to start saving, you will have to put a side a lot more money compared to if you started saving now. I also do not advise that you wait for the government to help. Start saving as you work today, start putting a little bit of money aside, so you can retire well tomorrow and enjoy the fruits of your labor. 3. It becomes an emergency fund Anything can happen at any time, and emergencies can rear its ugly head. If you have been saving, it will not be difficult for you to handle emergencies. If you have to get something done immediately and it req...