Learning about savings

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Hey, one of the biggest problems is that we waist all the money we get. For example, let's say each year you get 2k. That money is able to get saved, this doesn't mean you can't expend some of it. 


 Saving definition

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.

Ways to save

There are a lot of methods on how to save money. Some ways are by saving a percentage and the others are by saving it in a bank account. Basically, money that won't be used to buy something that is not going to be needed. 

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