Another Major Advantage to Saving

I can never stess enough to young people the importance of saving money. Here's just one of the many advantages: Having money in savings allows a person to take advantage of "fire sales" in which items are being sold well below their actual value out of desperation on the part of the seller. At a time like that, the seller is trying to raise money very quickly and buyers generally have little or no time to search for a loan. Those with the ready cash usually snap up with goods. Those without the cash lose out.