The Secrets of Saving. Get Ready to Take Charge of Your Finances. What is Savings?. Do you know what will happen tomorrow?. Savings - portion of income not spent on current expenses. Why is it important to save money?.
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By kaiyoCommon Savings Accounts. Types. Regular Savings Account Money Market Account Certificate of Deposit (CD’s) Those are listed in terms of liquidity. Liquidity is ability to turn investments into cash. Savings accounts are easiest to turn into cash while CD’s are the hardest.
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By hebaSaving for the Future. Chapter 10 . Lesson 10.1. Savings Goals and Institutions. I. Why You Should Save. A. To provide for future needs, both expected and unexpected B. Short-Term Needs--savings 1. Emergencies—unemployment, sickness, accident, death in the family
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