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How to Save More
Process Essay
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JKEssay-Process Essay-Sample-How-To-Save-More.pdf






How to Save More



Topic:Save Money


Type:Process Essay


Word Count: 800


Reference: MLA





Introduction


Saving can be defined as a differed consumption or keeping aside a portion of your income for unexpected future uncertainties or plans. Reason for saving more money.

The need to save money for an emergency. Saving more money for an emergency is one of the most important grounds of saving. The contingency fund is surely a lifeline. It is highly recommended to save a larger percentage of your income for future uncertainties. Some of the emergencies include sickness, car breakdown among others. Secondly, save money for bad times. It is entirely necessary for one to save money for times in life. Bad time includes times when you lose your job unexpected, or you get an accident or health issues. If you have not saved what will you live for at that point? It is therefore recommended for one to keep an at least for six months in advance a portion of his or her income for untimely bad times. Thirdly save money for College. Saving money for college is another vital area of saving. If you are a student and soon you will be heading to college then saving become the savviest way to go. For parents, it is important more money for their children before the time for college comes.


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