Saving

Setting income aside now so it can be spent, invested, or held for a purpose later instead of today.

Saving is a behavior, not an account. The account is only where the saved money is kept, and choosing that account is a separate decision.

Often confused with

Income: Income is money arriving; saving is the share of that money you keep back.

Taught in

3.1 Saving for Future Purchases

See also

3.1.A.2 · 3.1.C.1