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2 May, 15:27

20% of your income is meant for your savings, investments, and payments to reduce debt. What are the potential risks of having all three of these buckets belong in the same category?

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  1. 2 May, 16:26
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    We can never be sure if debt will remain at a steady level, or better, go down to zero, thus it could potentially reduce the amount left from the 20% which is also allotted for your savings, investments. Also, the amount needed for investment may suddenly rise depending on the economical situation of the country.
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