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A country benefits by :
* Having enough money to repair roads (For road construction)
* A country is able to build new buildings and homes
* They are able to feed those who are poor/ unfortunate
* They are able to help support those who are poor/ unfortunate
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*If people save for the country; they finance the physical development of the country to increase its capital stock and in this way it helps the country to produce a greater volume of products.
Hope this helped !! :)
What else can I help you with?
How much can you have in savings if you are on benefits?
The amount you can have in savings while receiving benefits varies depending on the specific benefit program and the country you're in. In the UK, for example, many means-tested benefits have a savings limit of £6,000, while having savings over £16,000 typically disqualifies you from receiving benefits. It's important to check the specific regulations for your situation, as rules can differ based on the type of assistance and local policies.
How much can you have in your bank in savings if im on benefits?
The amount you can have in savings while receiving benefits varies depending on the specific benefits you receive and the regulations in your country. In many places, there are limits on savings for means-tested benefits, often ranging from a few thousand to several thousand dollars or pounds. Exceeding these limits may affect your eligibility for benefits. It's important to check with your local benefits office or their website for precise information regarding your situation.
How could I start a health savings account and what are the benefits?
A health savings account can be started from your employer. The benefits include various tax savings when it comes to medical expenses.
What are the benefits of opening a PurePoint Savings account?
Opening a PurePoint Savings account offers benefits such as competitive interest rates, no monthly fees, and easy online access to manage your savings.
What are the benefits of opening a Pure Point Savings account?
Opening a Pure Point Savings account offers benefits such as competitive interest rates, no monthly fees, and easy online access to manage your savings.
How much money savings can apensioner have before it effects her benefits?
The amount of savings a pensioner can have before it affects their benefits varies by country and specific benefits program. In the U.S., for example, asset limits for programs like Supplemental Security Income (SSI) are typically around $2,000 for individuals and $3,000 for couples. Exceeding these limits can lead to reduced benefits or disqualification. It's important for pensioners to check the specific regulations for their region and benefit programs to understand how their savings might impact their eligibility.
What are the benefits of an offshore savings?
The main benefits of an offshore savings account is that it is usually subject to advantageous tax benefits, or no tax at all. Offshore accounts are usually held in Guernsey or the Isle of Man.
What are some benefits of using the 'Natwest Savings' website?
Some benefits of using the 'Natwest Savings' website are: the interest is paid directly into your account, easy to manage online banking service and plan and track your savings.
What are the benefits of a whole life insurance savings account?
A whole life insurance savings account offers benefits such as guaranteed cash value growth, tax-deferred savings, and the ability to borrow against the policy.
What are the benefits of investing in IRA plans for retirement savings?
Investing in IRA plans for retirement savings offers benefits such as tax advantages, potential for higher returns compared to traditional savings accounts, and the ability to grow savings over time through compound interest.
What are some of the benefits of an e savings account?
The benefits of an e-Savings accounts is the price to get access to it, which is only around $2. One can also access his/her e-Savings accounts online and is has no feeds attached to it to withdraw money.
What are the benefits of using Northwest savings?
One of the benefits of using Northwest saving is that they are a local bank. They have mobile banking, Visa cards and money savings tips on their website. Customers also enjoy savings on tickets for events.
