concept   savings

13 commonsense assertions
Cultures (13) Germany (1) Italy (1) Norwegian (1) Spain (1) Switzerland (1) Modern market economies (1) Singapore (1) Barter-based economies (1) European countries (1) Global (1) Less affluent countries (1) Pakistan (1) economic analysis in India (1)
# Concept Culture Statement Freq.
1 savings Germany In Germany, saving money is highly valued and prioritized for future security, with a preference for conservative investments. 6
2 savings Italy In Italian culture, there is an emphasis on enjoying life in the present rather than saving excessively for the future. 3
3 savings Norwegian Norwegians rely less on personal cash savings due to government support and digital payment methods. 3
4 savings Spain In Spain, there is a cultural emphasis on present enjoyment rather than aggressive long-term savings. 3
5 savings Switzerland Swiss culture emphasizes meticulous saving and conservative investment for future security. 3
6 savings Modern market economies Modern market economies support banking systems that facilitate currency savings and transactions. 2
7 savings Singapore In Singapore, there is a strong cultural value placed on savings for life events and retirement, with societal encouragement. 2
8 savings Barter-based economies In barter-based economies, it is challenging to store savings in the form of currency, leading to a greater focus on tangible goods. 1
9 savings European countries Saving money is actively encouraged and deemed responsible in European countries, often done through bank accounts or investments. 1
10 savings Global Saving money is culturally recognized as important for future security and emergencies on a global scale. 1
11 savings Less affluent countries In less affluent countries, savings are commonly kept in informal community-based groups or physical forms due to limited access to formal financial institutions. 1
12 savings Pakistan In Pakistan, savings are frequently used for significant life events and to support extended family. 1
13 savings economic analysis in India In India, savings are commonly viewed as a way to meet family obligations and responsibilities, rather than just for personal future security. 1