About Saving

Saving is the process of amount, where money left over after spending. It consists of the amount left over when the cost of a person’s consumer expenditure is subtracted from the amount of disposable income he earns in a given period of time. Savingis the portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment or in paying off a home mortgage, or indirectly through purchase of securities. It generally specifies low-risk preservation of money, as in a deposit account, versus investment, wherein risk is higher.