Savings is a way of keeping some amount of money apart as a reserve for the future. The money could be for investment or for retirement. One good way of saving for your retirement is putting money in a good pension plan. If there is a provision for a pension plan in your place of work make use of it, if there isn’t get one.
You may want to buy a car in the future or build a house or send your children to the best schools or take holiday to a luxurious place in the world. It is with your savings that you can make sure this is accomplished.
You can also save for seasonal expenses like during Easter, Christmas, Thanksgiving. You wouldn’t want to wait till this holiday seasons come upon you before you start running around for the money therefore you need to have some money before hand.
These are the ways you could save some money for the seasons and for other things you want to do. There are so many ways to do this but I will be enumerating just 16 ways.