What are two good reasons to save your money:
Responses
to buy something expensive
to have in case of an emergency expense
to become financially dependent
to increase debt
1. Saving money to have in case of an emergency expense is important because unexpected events like medical emergencies or car repairs can arise. Having a savings buffer can help you cover these expenses without going into debt or financial stress.
2. Saving money to buy something expensive is a good reason because it allows you to make larger purchases without relying on credit cards or loans. By saving up for these items, you can avoid debt and potentially save money on interest in the long run.