Why is it important to save money?

A. If you have money in savings, you won’t be charged interest on your loans.
B. If you save money now, you will have multiple bankruptcy options in the future.
C. Saving money allows you to pay for expensive goods and services in the future.
D. Saving money is a requirement once you start earning a regular salary.

The correct answer is option C - Saving money allows you to pay for expensive goods and services in the future. Saving money is important as it provides financial security and helps in achieving long-term goals, such as owning a house, paying for higher education or retirement. Having savings enables one to avoid taking on debt and paying interest on loans, ultimately improving one's financial health.