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.
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