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:
“Oh that my Pow’r to Saving were confin’d:
Why am I forc’d, like Heav’n, against my mind,
To make Examples of another Kind?
Must I at length the Sword of Justice draw?
Oh curst Effects of necessary Law!
How ill my Fear they by my Mercy scan,
Beware the Fury of a Patient Man.”
—John Dryden (1631–1700)
“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)
“Science, unguided by a higher abstract principle, freely hands over its secrets to a vastly developed and commercially inspired technology, and the latter, even less restrained by a supreme culture saving principle, with the means of science creates all the instruments of power demanded from it by the organization of Might.”
—Johan Huizinga (1872–1945)