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Saving money as a teenager might not sound like the most thrilling task, but it's an incredibly important skill that can set the foundation for a financially secure future. Let's delve into why saving is important, what you might consider saving for, and how exactly you can start stacking your pounds effectively. Understanding the Importance of Saving Money Before exploring what to save for, it's critical to understand why saving money is essential. Firstly, saving money gives you financial security. It means that you're prepared if something unexpected happens, like a phone breakdown or a last-minute concert you can't miss....