Saving is important. The list of reasons should motivate one to start saving. Savings should be stored in a safe place, preferably a bank or saving institution which will allow you to:

• Earn interest and help your money grow;
• Reduce the temptation of spending irresponsibly;
• Make safer payments that are less time consuming and less expensive;
• Establish a relationship with the Bank;
• Enjoy services offered by banks such as access to loans;
• Have enough funds to cover living expenses in the event of a disaster or sickness;
• Pay for university/college expenses, wedding, buying a home and for a comfortable retirement, among others.

Develop a habit of saving.