1) A government recognised financial institution
2) Name the account which induce a habit of saving saving money
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1)Government financial institutions can include state energy offices, state-chartered finance authorities, or their local government equivalent. Many of the first generation clean energy lending programs from the late 1980s and early 1990s began with government financial institutions.
Developing good savings habits
- Know what you're saving for. Getting on the saving path is likely to be much easier if you know what you're saving for, so stop and think about what it is that you're aiming for. ...
- Create a savings plan. ...
- Pay yourself first. ...
- Create a budget and keep an eye on your spending. ...
- Set up a savings account.
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