Savings - Are the part of our income we choose not to spend. , Interest - The reward you get when you save your money with a financial institution. , DIRT (Deposit Interest Retention Tax) - This is the tax you pay on the interest that you earn on your savings. , Simple Interest - Is the money you earn by saving money., Compound interest - Is when interest is added to the savings and then that also earns interest from then on. , Investing - Putting money aside in order to get a better return on it in the future., Shares - This is a type of investment when a person buys a part in a company, AER - This rate of interest tells you how much interest you earn in one year,

Saving & Investing Money

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