You have three good reasons to save.
- Everyday expenses can cost more than you expect. It’s always a good idea to have some extra money saved to cover things like a rise in food or gas prices. You can think of the savings as a cushion.
- Emergencies happen — and they can be expensive. What’s an emergency? It’s anything that absolutely needs to be fixed, taken care of or replaced.
- Goals have price tags. What’s a goal? It’s something you really want to accomplish in your life. Many goals, like buying a car or going to college, require money. And sometimes the bigger the goal, the more money you’ll need. That’s why starting to save early in life is so important.
What’s at the top of your goal list?