Säästämää
Säästämää is a Finnish word that translates to "saving" or "savings" in English. It refers to the act of setting aside money or other resources for future use. This can involve accumulating funds in a bank account, investing in stocks or bonds, or simply reducing consumption to conserve resources. The concept of säästämää is fundamental to financial planning, enabling individuals and entities to achieve long-term goals, cope with unexpected expenses, and build wealth.
The motivations for säästämää are varied. Personal savings can be directed towards major purchases like a house