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SAVING

We all know we should save, but where’s the incentive? Is it on your ‘too difficult’ list? What if I was to persuade you that saving can be easier than you think? The challenge is we live in a world where you aren’t encouraged to save. Quite the opposite; you’re more likely to be encouraged to get credit and ‘have it now and pay for it later’ than to save. There are times when credit (i.e. borrowing money) is a reasonable option – after all, how many people do you know who saved up for their house before they bought it? Very few people save for a car or a holiday these days. So why bother saving at all? Once again it’s down to mindset. You know deep down you should save. We hear expressions about putting something away for a rainy ...

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