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ECONOMICS CH1 Money, Savings and Investments — Social Science STD 8 — Question

Tamilnadu BoardEnglish MediumSTD 8Social ScienceECONOMICS CH1 Money, Savings and Investments2 Marks
Question
What are the Benefits of Savings?
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Answer

  • We will be financially independent sooner.
  • We would not have to worry any unforeseen expenses.
  • In the future, we will have a financial backup in place if we lose our job.
  • We will be prepared if our circumstances change.

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