SAVINGS
For these past days we have been talking about money, in this post we are going to talk about the advantages of saving.
Savings is the money set aside for the purpose of future use. A saving is a reduction in the amount of time or money that is used or needed. It is necessary and important for one to save for an unexpected emerencies.
We should put up a saving habit because it makes a person's financial support distress free in the form of emergency funds to counter any emergencies of life. And also it helps you to plan ahead and also gives a person financial discipline in life.
Savings also improves a person state of living and secures the future. This makes us understand that saving is very necessary in every day life, and i will take this great opportunity pto ask my fellow steemians to start saving from now, nobody knows tomorrow.
Thank You for reading.
thanks for letting as know this, is very important
thanks bro, you are welcome
Saving is crucial, at the very bare minimum save 1% of your income. 10% being a good amount to set aside if you have a steady income. I now some people that are very frugal and save 50% of what they make.
Eith way having savings allows you to weather tough patches such as job loss or sickness. You can also invest in an opprtunity whenever it comes across your path.
SUre friend
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