8 Smart Reasons to Build up Your Savings ...

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There are a number of smart reasons to build up savings.

Even if you think you don’t have much spare cash, it’s essential to put as much money as possible into a savings account.

You never know when you will need it!

Even if you never have a financial emergency, savings give you options and security.

So here are some important reasons to build up savings …2

1. Unemployment

One of the best reasons to build up savings is in case of unemployment.

There’s no such thing as a secure job for life any more, so always have money put by in case you find yourself without work.

Unemployment benefits are paid for a limited time, and how well do you think you could live on a fraction of your normal pay check?

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