Why is necessary to have personal savings

[Stunna]

Savings are some good plans and interesting thing to do as your growing especially if your still in your twenties.

Savings will make you free from the fear of poverty or being broke, because you are able to get what you desire or wish at any point in time without worrying about getting broke.

Getting to save money for future use is the best thing one can do because finance is one of the most important and necessary part of one life that must be taken very seriously .

Money is quite very necessary because almost all our day to day activities requires money to make our basic daily needs. Being able to save money for yourself is necessary, and which goes with the saying "SAVE YOUR MONEY TODAY, SO IT CAN SAVE YOU TOMORROW WHEN NEEDS ARISES".

 

[Shortie]

Having personal savings can help you in so many ways. Take the current cost of living crisis at the moment and the rise in inflation, due to that many people who have savings have probably been able to fall on that to help pay for things which has probably been a lifesaver for them. Not only for times such as the cost of living and rising inflation but also for things such as if something breaks and you need to replace it or something happens with your job and you don't have any income whilst you find a new job, having savings can really help with all that and help keep you on your feet until you find a job again.

 

[Augusta1]

The truth is that money is quite very necessary because all our day to day activities need money. So it is ideal to save money for future use.

Yeah I agree with you thst finance is one of the most important and necessary part of one life. We all need money to save that is why we work all the time, that is why money making should be taken very seriously .

Money is needed at all times to make and meet our basic daily needs. That's why it needs to be made. So being able to save money for one self is necessary. We need to make money as possible as we can.