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What is saving?

Adibeco Adibeco Posts: 2
edited July 2016 in Business
Saving is setting aside the portion of your earnings into a different account which you do not routinely touch.

Account which you do routinely withdraw from now and then can never be called savings account if bank called it so. 

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  • ProsperProsper Posts: 1,432
    edited July 2016
    @Adibeco
    yes, I think you just made a common sense here.
  • Adibeco Adibeco Posts: 2
    edited July 2016
    the Habits of saving is essential for success, it will help to develop our character such that we will be able to overcome challenges and become successful. 
  • ProsperProsper Posts: 1,432
    the Habits of saving is essential for success, it will help to develop our character such that we will be able to overcome challenges and become successful. 
    Well that is correct although the interest rate given by banks are deplorable.

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