Personal Finance, Savings and Investment

  • Daphne Turner
  • Peter Turner
  • Philip Voysey
Chapter

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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Copyright information

© Daphne Turner, Peter Turner and Philip Voysey 1996

Authors and Affiliations

  • Daphne Turner
  • Peter Turner
  • Philip Voysey

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