Friday, 22 April 2016

Perspective Of Savings

Savings Phenomenon :


It is a concept that grows naturally and gradually within people. Everybody feels the need  of savings at a certain time but eventually  many fail where few  succeed  to save something for future due to stickiness and emphasize towards their objectives.


Category of Savings: 
It can be two types . 1) Monetary Savings which can be categorized as  Direct Monetary Savings  and Indirect Monetary Savings 2) Material Savings.