Without a proper savings goal, it would be difficult for you to prepare yourself for life’s big moments. You also have to start planning to ensure that you and your loved ones are financially secure. Some of the reasons why it is important to have a proper savings plan in place include:
To fulfil your life goals, like buying a house
To be prepared for life’s major milestones, like getting married, and having a child
To ensure that you give wings to the dreams of your loved ones
To protect your family against life’s uncertainties
To prepare yourself financially for life’s inevitable moments, like your child’s education and marriage
To be prepared in case of medical emergencies in the future