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List any two reasons for Savings. - Home Science (Theory)

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प्रश्न

List any two reasons for Savings.

थोडक्यात उत्तर

उत्तर

  1. Emergency fund: Savings can act as a safeguard in times of unexpected events like unemployment, health issues, or unforeseen costs, providing a financial cushion.
  2. Future goals: Savings can also be used to meet future financial objectives like home ownership, college expenses, business startup, or a comfortable retirement.
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