Importance
of Saving
ü
Saving
is a precaution for future requirement or need like any accident,
illness or any other emergency.
ü
To
increase their living-standard
ü Farsightedness for future
ü
Increase
their future income by investment
ü Saving for family members
ü
To
become a Enterprises
ü
To
stand independently in the society
ü
To
increase their social status
 |
| Importance of Saving |
There are lots of things which give
us a power or boost us to save like –
ü
If
we have a high level of National Income, it shows a positive sign for
more saving due to high level of personal income.
ü
Internal
or external trades
also show a positive for personal income & saving prospectus.
ü
If
any countries have a high level of Natural Resources then it’s able to
increase the national income or then its increase the saving.
ü
Our
industrial growth or development also represents the level of income & saving.
If there is a high level of industrial growth or development then there
is a high level of national income or personal income.
ü
If
any countries have a high level of trained or good quality labor then
they are able to receive the high level of income & high possibility to
save.
ü
If
any countries have a high level of Agricultural production & development
then there is a possibility for high level of income and saving.
A facilities and secure
environment always lead to save, if any country have these types of
environment then the people of that country have more motivated for saving –
ü
If
there is a high level of banking facilities and safety of assets is
available then there is a high level of saving.
ü
Good
Tax policy is
always motivated for saving.
ü
If
countries have peace & secure environment then these things always
motivate for more saving.
ü
If
any countries have a high level of opportunity for investment then than
these things increase the jobs level, these things lead to a high level of
income & saving.
