BROWSE

Savings

Definition

Savings.com is a website that offers coupons and promotional savings, known as "deals," redeemable at nationally recognized merchant web sites and stores. Savings.com sources much of its content from the stores they are affiliated with, members, and their own internal team.

What are 'Savings'

Savings, according to Keynesian economics, 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. For those who are financially prudent, the amount of money left over after personal expenses have been met can be positive; for those who tend to rely on credit and loans to make ends meet, there is no money left for savings. Savings can be turned into further increased income through investing in different investment vehicles.

Explaining 'Savings'

Savings is the amount of money left over after spending. For example, Sasha’s monthly paycheck is $5,000. Her expenses include a $1,300 rent payment, $450 car payment, $500 student loan payment, $300 credit card payment, $250 for groceries, $75 for utilities, $75 for her cellphone and $100 for gas. Since her monthly income is $5,000 and her monthly expenses are $3,125, Sasha has $1,875 left. If Sasha saves her excess income and has an emergency, she has plenty of money to live on while resolving the issue. If Sasha does not save her extra money and her expenses exceed her income, she is living paycheck to paycheck. If she has an emergency, she does not have money to live on and must secure payments for her bills.

Examples of Bank Savings

Bank savings vehicles come with federal insurance up to $250,000 per depositor.


Further Reading


How expensive are cost savings? On the economics of public-private partnerships
www.econstor.eu [PDF]
… How expensive are cost savings? On the economics of … The mobilisation of private finance to fund infrastructure projects was not entirely unheard of in the pre-PPP Europe; after all, there had been a long tradition of concession agreements in countries like France …

An Empirical Study of Precautionary Savings of Urban and Township Inhabitants in China <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-JJYJ200011003.htm' />An Empirical Study of Precautionary Savings of Urban and Township Inhabitants in China [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-JJYJ200011003.htm'>PDF]
… How expensive are cost savings? On the economics of … The mobilisation of private finance to fund infrastructure projects was not entirely unheard of in the pre-PPP Europe; after all, there had been a long tradition of concession agreements in countries like France …

Economic Growth, Demographic Transition and China's High Savings <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-JJXU201001003.htm' />Economic Growth, Demographic Transition and China's High Savings [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-JJXU201001003.htm'>PDF]
… How expensive are cost savings? On the economics of … The mobilisation of private finance to fund infrastructure projects was not entirely unheard of in the pre-PPP Europe; after all, there had been a long tradition of concession agreements in countries like France …

Village Trust and Bidding Rotating Savings and Credit Associations <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-JJYJ200410013.htm' />Village Trust and Bidding Rotating Savings and Credit Associations [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-JJYJ200410013.htm'>PDF]
… How expensive are cost savings? On the economics of … The mobilisation of private finance to fund infrastructure projects was not entirely unheard of in the pre-PPP Europe; after all, there had been a long tradition of concession agreements in countries like France …

From global savings glut to financing infrastructureFrom global savings glut to financing infrastructure
academic.oup.com [PDF]
… How expensive are cost savings? On the economics of … The mobilisation of private finance to fund infrastructure projects was not entirely unheard of in the pre-PPP Europe; after all, there had been a long tradition of concession agreements in countries like France …

Voluntary savings, financial behavior, and pension finance literacy: evidence from ChileVoluntary savings, financial behavior, and pension finance literacy: evidence from Chile
www.cambridge.org [PDF]
… How expensive are cost savings? On the economics of … The mobilisation of private finance to fund infrastructure projects was not entirely unheard of in the pre-PPP Europe; after all, there had been a long tradition of concession agreements in countries like France …

Savings, investment and the corporation in the East Asian miracleSavings, investment and the corporation in the East Asian miracle
www.tandfonline.com [PDF]
… How expensive are cost savings? On the economics of … The mobilisation of private finance to fund infrastructure projects was not entirely unheard of in the pre-PPP Europe; after all, there had been a long tradition of concession agreements in countries like France …



Q&A About Savings


What are three uses for GDP in a closed economy?

The three uses of GDP are consumption, investment, and government purchases.

What are some ways that you can cut back on your expenses?

You can cut back on splurging and impulse buying habits.

What does national saving represent?

National saving is the amount of income that is not consumed.

How much does a person need to save each month in order to have an emergency fund?

A person needs to save at least 25 per month.

How can you split up national saving into private and public savings?

National saving can be split up into private and public savings.

What does disposable income represent?

Disposable income represents the money left over after taxes have been paid.

What is the difference between a CD account and a money market account?

Money market accounts offer higher interest rates than CDs but require more frequent deposits than CDs do.

How do you calculate disposable income in a closed economy model?

You add taxes to national income (GDP) minus consumption (C). This equals disposable income (Y-T-C).

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