Abstract
Savings may be described, simply, as money set aside out of income. The reason may — but may not — be for some specific purpose such as the accumulation of enough money to meet a particular aim — a deposit on a car or a house, saving up to buy something special or as extra money after retirement. For this reason, the nature and purpose of savings tend to reflect the age and financial standing of the person concerned.
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© 1996 Daphne Turner, Peter Turner and Philip Voysey
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Turner, D., Turner, P., Voysey, P. (1996). Personal Finance, Savings and Investment. In: Financial Services Today. Palgrave, London. https://doi.org/10.1007/978-1-349-13731-2_14
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DOI: https://doi.org/10.1007/978-1-349-13731-2_14
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-63689-3
Online ISBN: 978-1-349-13731-2
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