The Importance of Saving and How Much To Set Aside

Saving is an important step on the way to financial well-being, both in the short term and in the long term. In the short term, it gives you an emergency cushion in the event that an unforeseen, large and urgent expense arises. In the long term, a consistent pattern of saving can enable you to accomplish your financial goals, such as financing a college education, a home purchase, or a retirement. If more money comes in every month than goes
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