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
Sorry, saving money should not be done to increase debt.
Here are two good reasons to save money:
1. To have in case of an emergency expense: Unexpected costs can arise at any time, such as a medical emergency or car repair. Having savings set aside can help cover these expenses without having to go into debt.
2. To save for something expensive: Saving money can help you reach larger financial goals, such as buying a home, going on a vacation, or purchasing a new car. By setting money aside regularly, you can work towards achieving these goals without needing to take out a loan.