Why is saving money important for the family economy?

Family economics is a global issue that includes several components. This is the presence of a family budget, rational use of money, control over purchases, financial transactions (loans, deposits, shares). It is necessary to accumulate money. There should be a reserve to cover expenses for unforeseen needs, vacation, medical treatment or important purchases. If people spend all their money, it demonstrates the inability to manage the family budget. Save at least 10% of your income.

One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.