Answer: 1) You’ll be financially independent sooner
2) You won’t have to worry if you’re hit with any unforeseen expenses
Explanation:
1) Building up a savings nest egg can help you achieve this aim, as you could use these funds to help get on the property ladder, or to pay off student debts
2) If you’ve got savings in place, you can use some of these to cover costs, without having to turn to a credit card or personal loan to make ends meet.
