Changes

'''Savings''' is income not spent, or deferred consumption. It can be [[money]] that is set aside in either a [[savings account]] or [[certificate of deposit]] or stored at home in a safe or other secure location for future use, including [[retirement]]. Nations can be compared based on a national "rate of savings" which is the ratio of new savings deposits as a portion of the [[gross domestic product]] of the nation.  Currently in [[America]] the rate of savings is very low.  Ecconomists study savings patterns of businesses, households or both.<ref>{{cite web|url=http://www.bostonfed.org/economic/conf/conf25/conf25a.pdf|format=PDF|title=The Concept and Measurement of Savings: The United States and Other industrialized Countries|accessdate=March 4, 2016}}</ref>

'''Savings''' is income not spent, or deferred consumption. It can be [[money]] that is set aside in either a [[savings account]] or [[certificate of deposit]] or stored at home in a safe or other secure location for future use, including [[retirement]]. Nations can be compared based on a national "rate of savings" which is the ratio of new savings deposits as a portion of the [[gross domestic product]] of the nation.  Currently in [[America]] the rate of savings is very low.  Economists study savings patterns of businesses, households or both.<ref>{{cite web|url=http://www.bostonfed.org/economic/conf/conf25/conf25a.pdf|format=PDF|title=The Concept and Measurement of Savings: The United States and Other industrialized Countries|accessdate=March 4, 2016}}</ref>

==See also==

==See also==