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Saving too much: Is this why you are always in debt?

My Man
 A happy young couple works out a saving formula. [Getty Images]

It is the American billionaire businessman Warren Buffet who said: “Do not save what is left after spending; instead spend what is left after saving.”

But what happens when what you remain with after saving is not enough to cover your expenditures? How much should one save anyway?

When it comes to personal finance, the importance of saving cannot be emphasised enough. 

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