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Saving money is vital since it gives you protection in case of an unexpected financial situation. Saving money may provide you a better sense of financial independence, enable you to make significant purchases without going into debt, lessen your financial stress, leave a financial legacy, and minimize your financial stress. The reason why saving money is so important is because it gives you more freedom and security in your life. If you have money saved up for emergencies, you will always have something to fall back on. Additionally, you might be able to take chances or try new things if you have money put up for discretionary spending.
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