saving and investment

1. Chapter-26
Saving,
Investment and
the Financial
System

2. Saving is the portion of income not spent on current expenditures.
In other words, it is the money set aside for future use and not spent
immediately.
Why should we save money?
Saving can be used to accomplish objectives in the short-term such as buying a
mobile phone, or in the longer run such as continuing to study, or else buying a
car or a house.
Saving money can also help us cover unexpected expenses, such as an illness,
replace an appliance that cannot be repaired or make an emergency trip.
In addition, savings can be invested and, as a result, you get a profit on the
money you have set aside. That is to say, not only will you have the funds
available to spend later, but you will also earn money in the process..

3.  Because saving is a good practice, not only for families, businesses and
entrepreneurships, but also for the economy as a whole.
 To cultivate the habit of saving is good for individuals and groups alike. If you
save money instead of spending it in a kiosk or store, you will achieve a
greater goal, like buying a pair of sport shoes, with less or even no effort at
all! Moreover, your family can make a more efficient use of the money you
have saved, such as making some home improvements or replacing an
appliance.

4. "The stock market is filled with individuals who
know the price of everything, but the value of
nothing."