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Which term means to set aside?

Annul, cancel, and dissolve are all words that mean "set aside."


Which term refers to the money that will need to be spent by each agency?

Budget allocation is the term that refers to the money that will need to be spent by each agency. It involves setting aside specific amounts of money to cover the costs of various activities and operations within the organization.


Will you saving money in the future?

Yes, I plan to save money in the future by setting aside a portion of my income regularly. This will help create a financial safety net and allow me to achieve my long-term goals, such as buying a home or funding education. Additionally, I will look for ways to reduce expenses and increase my savings rate over time. Prioritizing savings is essential for financial stability and independence.


What is the term used for money set aside for expenses?

Savings.


How are savings and investment related in terms of financial planning and long-term wealth accumulation?

Savings and investment are closely related in financial planning and long-term wealth accumulation. Savings involve setting aside money for future needs or emergencies, while investment involves putting money into assets that have the potential to grow in value over time. By saving and investing wisely, individuals can build wealth and achieve their long-term financial goals.


Why is it important to have long time savings?

Saving money over a long period of time has many benefits and can be crucial to expensive foreseeable costs. It's not necessarily the same thing as an emergency fund or vacation money. Instead long term savings tend to be used far far less. Long term savings will help cover expenses that are in the future, such as a wedding or the cost of college. By setting aside money every paycheck or so, into a long term savings fund, you get the benefit of an ever growing stash of funds that will in most cases accrue interest and be available for huge expenses.


Which term is defined as the value of a current sum of money at a specified date in the future?

It is called the 'future value' .


Is saving money real?

Yes, saving money is real. It involves setting aside a portion of income for future needs or goals. It's a practical financial habit that provides a safety net, fosters financial stability, and enables individuals to achieve long-term objectives such as homeownership, education, or retirement. If you want to win some money and save for you, you can check out this giveaway: sites. google. com/view/takemoney2500/accueil (Make sure to remove the space from the link)


How does the relationship between saving and investing impact long-term financial growth?

The relationship between saving and investing is crucial for long-term financial growth. Saving involves setting aside money for future use, while investing involves putting money into assets that have the potential to grow in value over time. By saving and investing wisely, individuals can build wealth and achieve their long-term financial goals. Investing allows savings to grow at a faster rate than traditional savings accounts, leading to greater financial growth over time.


What are the similarities between savings and investment, and how can they be leveraged to achieve financial goals effectively?

Savings and investments both involve setting aside money for future use, with the goal of growing wealth over time. By combining savings and investments, individuals can maximize their financial potential and achieve long-term goals, such as retirement or buying a home. Both strategies require discipline, planning, and a long-term perspective to effectively build wealth and secure financial stability.


Why we treat provison for tax as current liability?

With the process of provision we create the amount and set aside to payment for taxes in future as it is payable in short term future that's why it is called current liability.


What is the word for money used to buy stocks that may provide substantial future profits?

The term used for money that is used to buy stocks that may provide substantial future profits, is capital.