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There is nothing worse than being so short on cash you can’t carry yourself to your next payday. It’s even worse if you don’t have any backup and something goes wrong; you lose your job, or you have an accident and you can’t work as well as you used to, for example. The good news is that you don’t have to worry too much about if you have savings to cover you. If you’re lucky enough to keep hold of those savings, you should have them to cover you when life decides not to play ball.

Your money is going to make or break you and while that’s a sad fact of life, it’s still a fact. Money plays a huge role in everything that you do and without a savings plan, you’re not going to be able to afford expert legal representation if you have an accident. You also may not be able to afford surgery should you need it.

Therefore you can treat money as a tool – because that’s exactly what it is! You should always be able to use it if you need it, and the only way you’re going to be able to keep your money safe is if you have a plan. A plan is going to get you into line and ensure that your money is waiting for you to use as you need. Let’s take a look at some of the most important reasons to go ahead and create a savings plan.

Less stress.

Anyone who says money can’t buy happiness is lying. Sure, you can still be rich and miserable, but most people have immediate needs that can be met by money. If you owe money to others, money fixes it. Should you need a lawyer, money fixes it. If you have a need for food – money fixes it. You can instantly lower your stress when you know you have cash to lean on.

But more than that, you can feel reassured that should the feces hit the fan, you are supported. Health. Your teeth, your eyes, your entire body needs to be protected. The best way to do that is to ensure that you are watching your cash. Health insurance is vital to your continued health, but having savings to cover when you are out of pocket is a must. Don’t be afraid of keeping money back to cover any immediate surgeries or medical appointments.

Your future.

Whatever you want to do in life, money is going to help you to get there. If you have savings behind you, you can buy a house, a car or even an education. Money equals privileges that you may not have had before.

Making better decisions.

When you have a savings plan, you can learn to make better decisions about where you want your money to go and how you want to spend it. It’s far easier to budget when you know you have the money to put aside for things that you want. You can make comfortable money decisions when you have a savings plan in place, and if you don’t have any money in savings, you are more likely to borrow it.


Having savings gives you a chance to be free. You have freedom to move where you want to, when you want to, buy what you need and take your time to do it all. Money offers freedom you might not have known without it, and you can really ensure that you get what you need when you are secure with it.

You can do what you love.

Have you discovered your passions are different now to what you were in love with before? If that’s the case, you can go and get the education you want because you have the money to support yourself while you study. It’s going to ensure that you are the person you want to be – and all because you have a savings plan

You can give back.

When you have what you need, and you have savings to back you up, you are able to be in a position where you can give back to others. This helps you to set a good example for your kids and it enables you to give to others who are less fortunate and are in need of some support. You can offer money to charities, help your family and friends and beyond.

A savings plan will make life very comfortable for you – all you have to do is plan it well!