Economy, asked by piyushshrm48, 1 month ago

define briefly savings​

Answers

Answered by radheshyam6441
4

Answer:

  • Savings is the amount of money left over after spending and other obligations are deducted from earnings.
  • Savings represent money that is otherwise idle and not being put at risk with investments or spent on consumption.

Explanation:

Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash. Saving also involves reducing expenditures, such as recurring costs. ... Saving differs from savings.

Answered by Anonymous
6

Explanation:

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define briefly savings

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SAVINGS ARE THE MONEY THAT WE SAVE IN OUR BANK ( PIGGY BANK)

IT IS A VERY GOOD IDEA AS IT CAN BE HELPFUL IN FUTURE NEEDS.

HOPE IT HELPS YOU

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