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Why do people save and invest?

Updated: 9/15/2023
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Q: Why do people save and invest?
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Related questions

What are work incentives?

Private property (and the possibility of getting more) gives people the incentive to work, save, and invest.


Is it save to invest ramel group?

Yes


How do you get tons of money to spend?

By getting the best job you can get with a super education. Invest wisely and save, save, save, save for retirement.


Do people with a greater income usually have a high standard of living?

Yes, unless they are misers who save or invest all of their money and live like poor people.


For an economy to expand must by willing to save and invest?

All Of These


What can you do with 20 dollars?

You can lose it, give it, spend it, save it, or invest it.


What are three ways to use money?

Spend it, save it and invest it


For an economy to expand which of thes groups must be willing to save and invest?

all of these: large corporations, government, people, and small businesses.


Is it beneficial to invest in mutual funds?

Yes it is very beneficial to invest with mutual fund, because it is save money for your secure life.


How do you be a billionaire?

Save, Invest and Focus your attention on what's most important.


What does the term invest mean?

=To save money to get something u want=


How do people save and invest in Ethiopia?

It depends on what you're planning to invest on, i live in Ethiopia if you want to discuss more contact me at jagwa2@yahoo.com People save by making money first.Then trying not to consume all there wages just like any other place in the world. If you have money to invest, I would advice you not to tell every Joe you have capital to invest because some Joe may try to pull a scam on you.Ethiopia and Africa in general have many scam artists unfortuntately. So beware. But don't let me scare you. If you want to invest in Ethiopia there are many booming sectors to invest in such as horticulture, flowers, trade, transportation, ect. If you really want to invest in Ethiopia visit there and contact the Ethiopian Embassy of your country.