Here is what users have to say about Savings

useravatar
Entry added by CWAnswers Join us and contribute your knowledge as well.

Select content modules

In common usage, saving generally means putting money aside, for example, by putting money in the bank or investing in a pension plan.

Help us make CWAnswers better. Be the first one to edit this topic!

Weblinks for savings

Top 10 for savings

Things about savings you find nowhere else.

Comments about this page

We love comments and hate spam too. You can add your comment by clicking on 'open comment input' below.
Show/Hide

Images found for Savings

savings.jpgimg_savings.jpgistockphoto_94210_savings.jpg
160_daylight_savings_050720.jpgpers_savings.jpgsavingsAcct.jpg
savings.gifimage-bb-health-savings-accounts.jpgFoto+Panzer+General:+3D+Assault+[Super+Savings+Series].jpg

Wikipedia about savings

In common usage, saving generally means putting money aside, for example, by putting money in the bank or investing in a pension plan.

In a broader sense, saving is typically used to refer to economizing, cutting costs, or to rescuing someone or something.

In terms of personal finance, saving refers to preserving money for future use - typically by putting it on deposit - this is distinct from investment where there is an element of risk.

Saving differs from savings in that the first refers to the act of putting aside money for future use, whereas the second refers to the money itself once saved.

  • For example: you may decide to start saving 10% of your income; because you aim for your savings to grow into an amount sufficient to buy a car.

Saving in economics

In economics, personal saving has been defined as personal disposable income minus personal consumption expenditure. In other words, income that is not consumed by immediately buying goods and services is saved. Other kinds of saving can occur, as with corporate retained earnings (profits minus dividend and tax payments) and a government budget surplus.

There is some disagreement about what counts as saving. For example, the part of a person's income that is spent on mortgage loan repayments is not spent on present consumption and is therefore saving by the above definition, even though people do not always think of repaying a loan as saving. However, in the U.S. measurement of the numbers behind its gross national product (i.e., the National Income and Product Accounts), personal interest payments are not treated as "saving" unless the institutions and people who receive them save them.

"Saving" differs from "savings." The former refers to an increase in one's assets, an increase in net worth, whereas the latter refers to one part of one's assets, usually deposits in savings accounts, or to all of one's assets. Saving refers to an activity occurring over time, a flow variable, whereas savings refers to something that exists at any one time, a stock variable.

Saving is closely related to investment. By not using income to buy consumer goods and services, it is possible for resources to instead be invested by being used to produce fixed capital, such as factories and machinery. Saving can therefore be vital to increase the amount of fixed capital available, which contributes to economic growth.

However, increased saving does not always correspond to increased investment, if savings are stashed in a mattress or otherwise not deposited into a financial intermediary like a bank there is no chance for those savings to be recycled as investment by business. This means that saving may increase without increasing investment, possibly causing a short-fall of demand (a pile-up of inventories, a cut-back of production, employment, and income, and thus a recession) rather than to economic growth. In the short term, if saving falls below investment, it can lead to a growth of aggregate demand and an economic boom. In the long term if saving falls below investment it eventually reduces investment and detracts from future growth. Future growth is made possible by foregoing present consumption to increase investment.

Search results for Savings

Wamu.com, home of WaMu Free Checking

Money Market Savings. Guaranteed Great Rate Money Market Account. Retirement Money Market Account ... Automatic Savings Plan. Direct Deposit. Bank-By-Mail ...https://www.wamu.com/

Charter One | Charter One Home

Charter One Bank provides personal and small business checking accounts, home equity lines and loans, savings options, money markets, certificates of deposit (CDs) ...charterone.com/

Citizens Bank | Citizens Bank Home

Citizens Bank provides personal and small business checking accounts, home equity lines and loans, savings options, money markets, certificates of deposit (CDs) ...citizensbank.com/

Saving - Wikipedia, the free encyclopedia

"Saving" differs from "savings. ... of risk normally apply to savings e.g. ... If the answer is cash then it is savings, if it is a type of asset which can ...en.wikipedia.org/wiki/Savings

ING DIRECT

ING DIRECT, FDIC insured bank offering the highest savings rates with no fees and no minimums. ING Direct also provides competitive Certificate of Deposits with no ...www.ingdirect.com/osa_google/

Images found for Savings

savings4.jpglooking-savings.jpgp_savings_824.jpg
Savings.jpgdaylight-savings-time.jpgSSDaylightSavings.jpg
cfl-savings.JPGb_savings_0716.jpg_38883979_nationalsavings203.jpg

News about Savings

Ex-lawmaker wins college savings promotion

News On 6 Tulsa Associated Press - October 2, 2008 5:55 PM ET OKLAHOMA CITY (AP) - A former Osage County lawmaker has won a sweepstakes sponsored by the Oklahoma College Savings Plan.http://www.newson6.com/global/story.asp?s=9115489

Papers talk of 'savings stampede'

BBC NewsThere is talk of a "savings stampede" as anxious investors try to protect themselves from the financial crisis.http://news.bbc.co.uk/go/rss/-/2/hi/uk_news/7647680.stm

Ex-lawmaker wins college savings promotion

KFSM Ft. Smith-FayettevilleOKLAHOMA CITY (AP) - A former Osage County lawmaker has won a sweepstakes sponsored by the Oklahoma College Savings Plan. Don Anderson and three family members will be going to Saturday's Oklahoma State-Texas A&M football game after winning the sweepstakes.http://www.kfsm.com/Global/story.asp?S=9115489

Ingalls Health System Achieves Green Energy Savings, Reduces Carbon Footprint

Centre Daily TimesIngalls Health System has taken a significant step towards reducing its carbon footprint, achieving an estimated 3,433-ton reduction of carbon dioxide, a significant greenhouse gas, from the purchase of 5 percent of its electricity from renewable, or "green," energy sources. Ingalls also realized an $840,000 savings on its purchase of renewable electricity and natural gas.http://www.centredaily.com/business/story/879076.html

Stock losses take heavy toll on retirement savings

KING5 SeattleThe financial crisis that toppled major Wall Street banks and snarled credit markets around the world has also taken a toll on nest eggs, forcing people to rethink when - and even if - their savings will allow them to retire.http://www.king5.com/business/stories/NW_100208BUB_retiremen...

News about Savings

Fact Check: Camps highlight foes' old associates

San Diego Union-TribuneAnd Obama is raising the Republican candidate's connections to a disgraced savings and loan executive and a supporter of right-wing death squads. Each candidate is trying to plant the idea that his opponent must be guilty of something if he has ... http://www.signonsandiego.com/news/politics/20081012-0830-gu...

As markets wither, coping strategies grow

Houston ChronicleHe's glad now that he cashed in his 401(k) account then and put it in bonds and savings. Now that times are so uncertain, he sees his relatives in Louisiana less, and when he does make the trip, he drives slow to conserve gas. "This is not the first ... http://www.chron.com/disp/story.mpl/front/6053794.html

Israel's Bar-On Says He Will Act to Ensure Confidence (Update3)

BloombergThe government of Israel, concerned about the public's savings and to ensure confidence in the financial system, will stand behind the financial system's stability,'' Bar-On told the Cabinet at its weekly meeting in e-mailed remarks. ``We know what ... http://www.bloomberg.com/apps/news?pid=20601087&sid=aW6vx.pQ...

Recession turns beds into banks

Times of IndiaThe option to hide their savings in a bed is also picking up, as one bed-maker has reported that he is getting many enquiries from customers regarding a "bed bank". The bed is made with a special spring system, and it also ensures a good night ... http://timesofindia.indiatimes.com/HealthSci/Recession_turns...

Time to button up

Boston GlobeHomeowners can realize enormous savings by replacing old systems with modern, certified high-efficiency boilers and furnaces. Though they run into the thousands of dollars, new heating systems will yield immediate savings in fuel consumption, savings ... http://www.boston.com/realestate/articles/2008/10/12/time_to...

Search results for Savings

TreasuryDirect

Learn about Treasury Bills, Notes, Bonds, and TIPS; EE/E Savings Bonds in Depth; I Savings Bonds ... Access data and rules on securities auctions. Get information about Treasury securities ... http://www.savingsbond.gov/

Thrift Savings Plan

The Thrift Savings Plan (TSP) is a defined contribution retirement savings plan for Federal employees. In this site, you can find answers to most questions about the TSP, check ... http://www.tsp.gov/

World Savings - Wachovia

World Savings Has Merged with Wachovia: World Savings and Wachovia have merged to provide you with additional products and services. As part of the merger, all World Savings ... http://www.worldsavings.com/

ING DIRECT - Save Your Money!

An FDIC insured national bank offering one of the highest savings rates with no fees and no minimums. ING Direct also provides highly competitive Certificate of Deposits, Mortgages ... http://www.ingdirect.com/

Saving - Wikipedia, the free encyclopedia

Saving differs from savings in that the first refers to the act of putting aside money for future use, whereas the second refers to the money itself once saved.http://en.wikipedia.org/wiki/Savings
250,072
Articles
  • Recent
  • Mine
  • Watched
  • Commented
You must be logged in to perform this operation
You must be logged in to perform this operation

Videos found for Savings

Health Savings Accounts unlike biki...

Health Savings Accounts unlike bikinis cost less and cover more.Video comment on todays newspaper about employers making employees pay the extra cost of traditional health care plans. It show the increase in Consumer Driven Health Care Plans...Flash - Video

Savings for seniors

Savings for seniorsPauline Frommer of Pauline Frommer's Travel Guides offers advice about travel discounts for senior citizens.Windows Media - Video

Forecast Earth Quick Tip: Cool Wate...

Forecast Earth Quick Tip: Cool Water SavingsGet a cool drink and save water too.Flash - Video

New Light Bulb Promises Bigger Ener...

New Light Bulb Promises Bigger Energy SavingsA new non-florescent light bulb guarantees bigger savings. It doesn't use any mercury and is now available in Minnesota. FOX 9's Christine Clayburg, reporting.Video - Video

End-of-Year Energy Savings

End-of-Year Energy SavingsTips on cashing in on year-end energy savings, with CNBC's Sharon EppersonWindows Media - Video

Videos found for Savings

No Vote For Daylight Savings.

No Vote For Daylight Savings.Premier Peter Beattie says no to daylight savings vote.wmv: 0 MB w:793px - h:608px

WORLD_SAVINGS_alienPres.mov

WORLD_SAVINGS_alienPres.mov.mov 16-Sep-2005 23:21 51.2M MACRO_SONY_bigspaces.. 16-Sep-2005 22:34 55.0M SONY_PLAYSTATION_gre.. 16-Sep-2005 13:04 31.8M SUN_GALAXYrough7.mov 15-Sep-2005 20:22 12.8M WORLD_SAVINGS_alienP.. 16-Sep...quicktime: 10.6 MB w:400px - h:300px

Internet Savings Accounts

Internet Savings AccountsWith interest rates near historic lows, Wyatt Andrews reports that many are looking for a higher return on their savings by turning to banks that do business only on the Internet.realmedia: 13.1 MB w:320px - h:240px

Simple savings for Christmas cash

Simple savings for Christmas cashWe asked a financial journalist to help us find ways to save money by changing our daily habits. You might be surprised at the savings involved.wmv: 0 MB w:793px - h:608px

savings_220.mov

savings_220.movsavings_220.movquicktime: 2.4 MB w:340px - h:191px

Answers for Savings

James J

What is the best type of savings account for long term savings?

James JIf you planning to buy in the next 7 years, put it in a money market account. Check out www.bankrate.com for the best current rates and min deposits. If you think it will be longer than 7 years, go ...
Fisher

What is the right amount to keep in a savings account for emergencies?

FisherI'd say a realistic emergency fund should be around 1000 - 3000 dollars. Any less than a grand and you run the risk of having to tap into illiquid assets or lines of credit any more than 3k and you ar...
Sebastian

What currency would you put your savings into in the following senerio?

SebastianI'll put my money in the Chinese Yuan (Renminbi). It's the currency that will appreciate most against the dollar. Why? Just look at the trade balance. My second choice is the Canadian dollars, b...
Nub

What is the difference between a Checking and savings account?

NubThe larger amount if you don't plan to use it is better off in a savings account. If you will be using it frequently to pay bills, rent, tuition etc then I would put it into a chequing account. You ...
calikid22

What institution offers the highest interest savings account?

calikid22Interest rates really suck right now and you are not going to get the 4-5 percent interest rates that were going on last month. but check out Bankrate.com. you will find what you need there and they h...

Attributions

Web, Images, Video, News and Answers Search Results are "Powered by Yahoo!"
Web, Images, News Search Results are "Powered by MSN"
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article .
Disclaimer: All other trademarks, registered trademarks, product names and company names or logos mentioned herein are the property of their respective owners.
Contact Us[X]
Your name
Email
Subject
Your comment