(it's) just as well (that) (something happened)

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(it's) just as well (that) (something happened)

It is or turned out to be beneficial (that something happened). It turned out we had a pop quiz on Monday. Just as well I was studying this weekend! It's just as well we brought our raincoats, because it looks like it's about to rain. A: "My brother said he'd give us a lift to the airport in the morning." B: "Just as well, because I don't have any money for a taxi."
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