Essay about saving,spending and sharing
Answers
Hi Buddy,
Saving
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. In terms of personal finance, saving generally specifies low-risk preservation of money, as in a deposit account, versus investment, wherein risk is a lot higher; in economics more broadly, it refers to any income not used for immediate consumption. Saving does not automatically include interest.
Spending
This spending is an optional part of fiscal policy, in contrast to entitlement programs for which funding is mandatory and determined by the number of eligible recipients.Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation.
Sharing
Sharing teaches children about compromise and fairness. They learn that if we give a little to others, we can get some of what we want as well. Children who share also learn how to take turns and negotiate, and how to cope with disappointment. These are all important life skills
Hope it helps you
Please mark me as Brainliest
bye
#Smile Please