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How much of your income should be allotted for saving.
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[QUOTE="Augusta, post: 261463, member: 25283"] No matter how much we earn it is pertinent to do some savings. like I always state out here life is very unpredictable there's always room for emergency and a lot of times we might not have money handy so you would need to get money from your savings. Now if you were not saving how would you be able to tackle such a problem Saving has personally helped me have an emergency case quickly resolved. I sometimes wonder what would have happened if I didn't have my savings intact. it is not even advisable to loan out your savings no matter the person involved. When it comes to big projects you can save like 20% of your income so that you can have something tangible at the shortest possible time. But you need to always save even if you don't have any project at the moment it will help you take advantage of anything cheap at a particular time. [/QUOTE]
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How much of your income should be allotted for saving.
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