The returns on savings is determined by the following factors and more: The amount of money saved: the more money you save the more money you will earn in interest. How often money is saved: some accounts may provide better rates if you put in a certain amount of money over regular intervals. For how […]
How to increase the level of your savings
Savings is income not spent, it is delayed spending and a leakage from the circular flow of income. It’s the money you set aside for future use. Why do people save? People save for many reasons, mainly to be able to buy something they need, want or aspire to have or do in the future. […]
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