Topics

Savings

Saving is disposable income that is not spent. Yd = C + S, therefore S = Yd - C

There are many ways in which money can be saved ranging from accounts in bank and building society accounts to savings channeled through occupational pensions and the stock market.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.