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The Surprising Reason Why Savings Boosts Income: New Research Reveals an Unexpected Benefit of Financial Inclusion
Make it easier to save, and people will save more. This seems straightforward and holds true for customers in rich and poor countries alike. Make it easier to save, and people will save more and earn more. This sounds a little less intuitive, especially if you posit that this increase in income will happen almost immediately. Yet this is exactly what researchers have found - and the reason why is surprising.
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