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RE: QUESNEY 21 (Day 2): Money Conversations with Millennials and Post-Millennials
Hi @littlenewthings yes I know that there is insurance-savings however, I really believe that insurance is really for protection plus like you said you can't withdraw without losing out something. This is very good to start with but I personally feel that it is essential to have cash savings! I can tell you good opportunities come when you do!
that's very true but the a lot doesn't realise it can be an emergency buffer, and they do not need personal loan or turn to along when they are stuck with no obvious options (like savings).
But never the less this set aside should not be their first choice.