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What are 4 benefits of saving?

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Answer:

1. Financial Security: Saving money can help you build a safety net for unexpected expenses or a loss of income.

2. Investment Opportunities: A savings account can allow you to invest in various potential income-generating investments.

3. Tax Advantages: Many savings accounts, such as 401(k)s and IRAs, offer tax advantages.

4. Achieving Financial Goals: Saving money can help you reach your short-term and long-term goals, such as buying a house, starting a business, or saving for retirement.

Step-by-step explanation:

User Eric Leschinski
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