1. To have in case of an emergency expense: Saving money can provide a safety net for unexpected expenses such as medical emergencies or car repairs, helping to avoid financial stress and potential debt.
2. To buy something expensive: Saving money over time can make it possible to afford larger purchases, such as a house or a car, without having to rely on credit and accrue debt. By saving up for a big purchase, you can avoid interest charges and potentially negotiate a better price.
What are two good reasons to save your money: (2 points)
to buy something expensive
to have in case of an emergency expense
to become financially dependent
to increase debt
1 answer
1 answer