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Why people who always save always free from debt
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[QUOTE="Abigael, post: 273434, member: 25357"] People who save money are rarely in debt for sure. This is because they have some money tucked away for the rainy days. Whenever an emergency strikes, they are ready to face it because they have enough emergency funds saved. That way, they never borrow money to fund any emergencies they have. They just take from their savings. This just shows how much it is good to have SA savings account. You can save in a bank, a mobile wallet or in a sacco. This saving should be done with utmost self discipline such that you never find yourself spending your savings carelessly. Another thing that keeps savers from debt is their learned discipline of spending the money you earn. They work hard to earn enough for both expenses and saving and so they have decried loans and borrowing. Being free of debt is so peaceful. You should strive for it by saving more and borrowing less. [/QUOTE]
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Why people who always save always free from debt
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