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Saving money is the act of setting aside funds for future use or emergencies. It involves managing one’s finances wisely by reducing unnecessary expenses, increasing income, and putting money into a savings account or investment. The benefits of saving money include financial security, peace of mind, and the ability to achieve long-term goals such as buying a home, starting a business, or retiring comfortably. Saving money requires discipline, planning, and patience, but the rewards are well worth the effort.
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