What is savings ?
Savings refers to the money that a person has left over after they subtract out their consumer spending from their disposable income over a given time period. Savings, therefore, represents a net surplus of funds for an individual or household after all expenses and obligations have been paid.
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Do savings helps our financial expansion
Definitely saving will helps our financial expansion because savings is a surplus money kept or money that remain when other things has been settled such money that is save can be used to invest in other businesses in which such business can bring more income to the person.
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Also such money save can be invested into cryptocurrency for a long term and later when it yield interest an investor can make use of the money to do other things.
Note: Having a financial expansion is having a multiple source of income and money is savings can be used to create other sources of income for someone.
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