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What are the Benefits of Savings? -

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Question

What are the Benefits of Savings?

Short Note

Solution

  1. We will be financially independent sooner.
  2. We would not have to worry about any unforeseen expenses.
  3. In the future, we will have a financial backup in place if we lose our job.
  4. We will be prepared if our circumstances change.
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Savings in Banks and Investments
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