Saving
Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in a bank or pension plan. Saving also includes reducing expenditures, such as recurring costs. In terms of personal finance, saving specifies low-risk preservation of money, as in a deposit account, versus investment, wherein risk is higher.
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Famous quotes containing the word saving:
“The American people is out to get the kaiser. We are bending every nerve and every energy towards that end; anybody who gets in the way of the great machine the energy and devotion of a hundred million patriots is building towards the stainless purpose of saving civilization from the Huns will be mashed like a fly. I’m surprised that a collegebred man like you hasn’t more sense. Don’t monkey with the buzzsaw.”
—John Dos Passos (1896–1970)
“A strict observance of the written laws is doubtless one of the high virtues of a good citizen, but it is not the highest. The laws of necessity, of self-preservation, of saving our country when in danger, are of higher obligation.”
—Thomas Jefferson (1743–1826)
“Avarice is generally the last passion of those lives of which the first part has been squandered in pleasure, and the second devoted to ambition. He that sinks under the fatigue of getting wealth, lulls his age with the milder business of saving it.”
—Samuel Johnson (1709–1784)