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For posts about budgeting, saving money, investing, financial planning, and tips for managing personal finances

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28 Jul 2023 Business
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Savings play a vital role in achieving financial independence. Develop a strategic savings plan that allows you to set aside a portion of your income regularly. Aim to save at least 20% of your earnings and consider automating your savings to ensure consistency.

Create an emergency fund to cover unexpected expenses and establish a separate savings or investment account for long-term goals.