Phabbyfundz
Active member
Savings is like a brother to investment but savings is not investment. Saving is a conscious act of certain aside funds or a stipulated amount of money to be kept in a bank or whatever means you prefer that would serve in future times, savings doesn't always lead to an increase of funds but it helps you keep fund that would be maybe needed in future times.
The term savings only explain that you are certain aside this funds for future use and you can still take out of this funds I in future times.
Saving is among the laws of money. Savings or retention as you may choose to call it helps you against unnecessary spending or expenditure and gives you control over your income, funds or money that is available to you.
The term savings only explain that you are certain aside this funds for future use and you can still take out of this funds I in future times.
Saving is among the laws of money. Savings or retention as you may choose to call it helps you against unnecessary spending or expenditure and gives you control over your income, funds or money that is available to you.