1.5 Saving and Borrowing
Learning Intentions
By the end of this section you should be able to do the following
1. define the term saving and borrowing and the difference between the two
2. List why and where people save
3. list the services and product that are provided by financial institutions
4. Calculate interest on savings
5. List the taxes that are applied to savings and when is the best time to save
Videos
By: Cadiz, Reyzel Joy Lumansi, Domile Orcine, Maria Nica Hugo, Ashley Nina Radaza, Ivy Umali, Laurine Espiritu, Ella THANKYOU FOR WATCHING!
The world of tax havens is becoming an increasingly controversial area. So in this video, we run through what tax havens are, how they work and discuss why a...
Why should a person save money? What benefits will saving money result into? Today we share with you the TOP 4 reasons why should save money. Top 4 Reasons: ...