Saving is the practice of setting aside a portion of your income for future use. This can help you prepare for unexpected expenses, like a car repair or medical bill, and allows you to work towards larger goals, such as buying a house or going on a vacation. By saving regularly, you can build a financial cushion that provides security and peace of mind.
To start saving, consider opening a savings account at your local bank or credit union. This account typically earns interest, which means your money can grow over time. Even small amounts add up, so make saving a habit, and watch your financial goals become more achievable!