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IMPORTANCE OF SAVING MONEY Save for Emergency - To prevent getting into debt to pay for your essentials, you'll need money set aside for emergencies.

Retirement – If you plan to retire in the future, you'll most likely require savings and/or investments to replace the income you'll no longer receive from your employment.

Average Life Expectancy –People are living longer thanks to advancements in medicine and public health, yet they require more money to get this. So saving money is a better option.

Education - Every year, the prices of private and public education rise, making it more difficult to meet these needs.

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