Julie Jason: The Importance of Saving

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The importance of having savings was certainly brought to the fore during the COVID-19 pandemic, as many people found themselves living and often depleting their emergency savings due to illness or illness. a job loss.

For example, a study published in September (tinyurl.com/y6k52dkm) by SimplyWise, a tech company that offers resources related to retirement and social security, found that 45% of workers on leave or unemployed due to the pandemic could not last a year. months living off their savings, with 26% saying they couldn’t last two weeks.

So the question is: does even a small amount of savings, say $ 250, make a difference? The answer is yes, according to “Savings: a little can make a big difference”.

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