Importance of saving money, saving money is the best thing to do. It will help you in hard times and also it will help you to provide for your children in the future. Life is very hard, especially without money, so saving is very important. Saving money can help you become financially secure and provide for your household in the future. It helps a lot, we encourage everyone to learn to save so that in times of trouble they wont go around asking for loans.
Emergency saving money
Savings helps you in times of trouble, especially in times of emergency. It can be loss of income, so you will need to save money for emergency to avoid going to debt for necessary things.
Education is becoming expensive. So saving will help you when the time comes for your children to go to tertiary you will able to pay their fees. So without money to put away in savings or investment you open yourself up to other risks.
You really need to save, and invest, they will help you, when you are old. You will able to have access to your money when you have retired and you wont stress, you will able to enjoy your money. Savings helps a lot during retirement times you wont even trouble others.
In concluding, importance of saving money. All of us we must learn to save money so that we wont struggle in life. And saving money will help us. If we learn to save will never know poverty even if we lose our jobs we will still able to provide for our children and able to take them to school. We encourage people to start saving, it does not need to be a lot of money, that small amount you get, remove small form it and invest it, it will help you in tough times.