Savings and

Interests

Presented By: Muhammad Asif Sattar (616)

What is savings:

Learning how to save money is a valuable skill that can set you on the
path to financial freedom. In this presentation, we'll explore different ways
to save money and the importance of earning interest on your savings.

AS by Asif Sattar
`

The Importance of Saving Money

1 Emergency Fund
Saving money can help you prepare for unexpected expenses and emergencies.

2 Financial Security
By saving money, you can achieve financial security and avoid living from
paycheck to paycheck.

3 Life Goals
Whether it's buying a house, starting a business, or traveling the world, saving
money is crucial in achieving your life goals.
Different Ways to Save Money
1 Make a Budget
Track your income and expenses to see where your money is going and
identify areas where you can cut back.

2 Avoid Debt
Avoid taking on unnecessary debt by only buying what you can afford
and paying off credit cards in full each month.

3 Get Creative
Find ways to save money by exploring low-cost hobbies, cooking at
home, and taking advantage of free entertainment options.
Understanding Interest Rates

1 Definition 2 Types of Interest 3 Factors that

Affect Interest
Interest is the cost There are two main Rates
of borrowing types of interest:
Factors that affect
money or the rate simple interest,
interest rates
of return on an where interest is
include inflation,
investment. only earned on the
the economy, and
principal amount,
the Federal
and compound
Reserve's monetary
interest, where
policies.
interest is earned on
both the principal
and any interest
already earned.
Article on Savings and Interest Rates
Rate of Interest, Financial Liberalization & Domestic Savings
Behavior in Pakistan
Authors: Rehmat Ullah Awan, Rahila Munir, Zakir Hussain & Falak Sher

Aggregate Savings, financial intermediation, and interest rate

Authors: Kanhaya L. Gupta

The Impact of Interest Rate Liberalization on Savings and Investment

Authors: J.U.J. Onwumere, Okore Amah Okore
Rate of Interest, Financial Liberalization & Domestic Savings
Behavior in Pakistan
Aggregate Savings, Financial Intermediation, and
Interest Rate
The Impact of Interest Rate Liberalization on Savings
and Investment