säästumehhanism
A säästumehhanism, often translated as a savings mechanism, refers to any system, practice, or tool designed to facilitate and encourage the accumulation of savings. These mechanisms can operate at individual, household, institutional, or societal levels.
At the individual level, a säästumehhanism might involve setting up automatic transfers from a checking account
On a broader scale, governments and financial institutions implement säästumehhanismid to promote economic stability and growth.
The effectiveness of a säästumehhanism is often measured by its ability to increase savings rates, improve