What is Savings?
What is it about?
Savings is an amount of money that one sets aside for future use. Savings can be daily, weekly, bi-weekly, monthly or quarterly based the person’s income.
Savings are usually made out of ones income and so depending on the nature of the source of income.
It is important for each and everyone to save no matter ones level of income because the future is always uncertain and one will need money to sort things out when it happens be it towards your health care, projects like building, buying car etc. So it’s very important for everyone to have savings. It should not happen that in ones lifetime he/she did not have any savings anywhere as it will not be good to be found wanting when the need arises. So for today this is what I’m sharing with you.
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