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Identify a transition moment you could use to implement a new savings plan.

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A typical transition moment one could use to implement a new savings plan is when we get an increment in salary or wages.

What is a Transition moment?

A transition moment is used to described a moment between an initial state and a final state.

What is savings plan?

A saving plan is any type of financial plan which aims to encourage saving of money or value for future use.

Hence, a typical transition moment one could use to implement a new savings plan is when we get an increment in salary or wages.

Read more about saving plan

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