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    Session 19

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    mftechnicalvocationalschool
    The document discusses the concepts and tips for savings including defining savings as income not spent and methods of savings. It explains the importance of savings and provides five simple ways to save money such as recording expenses, including savings in a budget, finding ways to cut spending, determining financial priorities, and setting savings goals.

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    Download as PPTX, PDF, TXT or read online from Scribd

    Session 19

    Uploaded by

    mftechnicalvocationalschool
    9 views17 pages
    The document discusses the concepts and tips for savings including defining savings as income not spent and methods of savings. It explains the importance of savings and provides five simple ways to save money such as recording expenses, including savings in a budget, finding ways to cut spending, determining financial priorities, and setting savings goals.

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    Session-19

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    The document discusses the concepts and tips for savings including defining savings as income not spent and methods of savings. It explains the importance of savings and provides five simple ways to save money such as recording expenses, including savings in a budget, finding ways to cut spending, determining financial priorities, and setting savings goals.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    9 views17 pages

    Session 19

    Uploaded by

    mftechnicalvocationalschool
    The document discusses the concepts and tips for savings including defining savings as income not spent and methods of savings. It explains the importance of savings and provides five simple ways to save money such as recording expenses, including savings in a budget, finding ways to cut spending, determining financial priorities, and setting savings goals.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 17

    Generating

    Savings

    Presented by: Kirk Troy Labata


    Objectiv
    e
    To learn the basic concepts and tips
    on savings.
    What is Savings?
    Savings is . . .
    income not spent, or deferred consumption.

    Methods of Savings include putting money aside in


    ● Deposit Account
    ● Pension Account
    ● Fund
    ● Cash

    Savings also involves reducing expenditures.


    How important Saving is?
    There are simple ways to save money
    1. Record your expenses
    2. Include savings in your budget
    3. Find ways to cut spending
    4. Determine your financial priorities
    5. Set saving goals
    1 Record your expenses
    2 Include savings
    in your budget
    3
    Find a way to
    cut spending
    4 Determine your
    Financial priorities
    5 Set Saving Goals
    "Savings provide a
    financial backstop
    for life's
    uncertainties and 01 02

    increase the feeling 04

    of security and peace


    of mind." 03

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