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From what part of income should someone take savings?

Sagot :

Final answer:

Savings should be taken from a portion of income after taxes to ensure financial security by saving around 10% to 15% of disposable income.


Explanation:

Savings should be taken from a person's income after taxes. It is recommended to save around 10% to 15% of disposable income for financial security. Establishing a systematic savings plan, such as automatically transferring a set amount into a savings account monthly, can aid in achieving long-term financial goals.


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