•Advantage: unlimited, the more you save the more you have to spend
•Advantage: You have full control of your personal savings and you decide what to do with it.
•Advantage: no interest
•Disadvantage: it takes time to save up money
• disadvantage: temptation to spend some of your savings is never too far away.
Samuel tarawali
Samuel tarawali
There are many advantages and disadvantages of email. Email is very quick and dependent but is less personal for example.
There are a few advantages and disadvantages of the RTGS system. One of disadvantages are the gross system been at risk of gridlock from not having enough money. The advantage is having the savings in money to support any payment transaction.
Advantages of corporation include protected assets and heightened credibility. Disadvantages include loss of a personal touch, and ongoing expenses.
These advantages and disadvantages are dependent on our personal interests !
There are no disadvantages of personal savings. Saving money is always a good thing. Every individual should save a portion of his monthly income in order to help his retirement or to help him in case of a future emergency. Saving money is not and never will be a disadvantage to anyone.
Personal savings can be a source of income for you during retirement, but may not offer the tax advantages or growth potential of some other investments. The advantage of personal savings is that it can provide you with cash to help meet day-to-day financial needs.
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