Savings

DEFINITIONS

Savings are saving a fraction of the income of spent.
Savings can be made in various ways to ensure safe and secure. Usually we can save in formal institutions such as banks, trust units and special funds introduced by the government such as ASB, the Fund and the Fund Haji .In addition, we can also keep in the house.

We can choose to save the money that has high returns or profits. However, high returns necessarily have a higher risk compared to low returns that have a low risk. Risk refers to losses resulting from savings .So, the government has introduced the ASB, ASW and security that can be said is almost no risk can be used as a safe investment. For most people, these reserves are used on hard times who never expected by a person or additional expenses. No exaggeration to say that the soul catharsis and resolution of the debt overhang.


BENEFITS OF SAVINGS




~ As an emergency fund
~ As a fund to buy assets such as houses and cars
~ In preparation for marriage for those who have married
~ As a preparation for Old Age
~ Evade themselves from the burden of debt problems
~ Helping you make the investment
~ Adding financial and improve quality of life