Educational Resources: Pay Yourself First

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Reasons to Save Money

Some major expenses people save for include:

• Unexpected events such as loss of job, car repair or hospitalization
• Down payment for a house, car or other large purchase
• College Education
• Vacation
• Retirement

Think about what your goals are for the future and what you might want to start saving for.

Many people spend all the money they make, but saving money is important. Many people don't think they have enough money to start saving. However, saving money doesn't have to be hard. Next, learn some money saving tips!