12 bad things that come from not saving money

To help you get motivated to put money in the bank, here are twelve dangers of not saving money.

Going Into Debt

Without a savings cushion, any expense—from an unexpected car repair to paying for your child’s college education—can put you in debt.

A full social calendar may put you in a sticky financial situation if you haven’t saved anything.

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Having a Social Life Can Be Nonexistent

Life Being More Stressful

The importance of saving money goes beyond paying an unexpected bill; it can affect your daily quality of life.

Life is expensive and doesn’t always go as planned. So, saving in advance helps you manage life’s unexpected costs.

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Not Having the Money for an Emergency


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