Why is it important to save money? (1 point)

Responses ANSWER

If you have money in savings, you won’t be charged interest on your loans.
If you have money in savings, you won’t be charged interest on your loans.

If you save money now, you will have multiple bankruptcy options in the future
If you save money now, you will have multiple bankruptcy options in the future

Saving money allows you to pay for expensive goods and services in the future.
Saving money allows you to pay for expensive goods and services in the future.

Saving money is a requirement once you start earning a regular salary.
Saving money is a requirement once you start earning a regular salary.

Having savings provides financial security in case of emergencies or unexpected expenses.