Saving is the conservation of money. Methods of saving include putting money aside in a bank or pension plan. Saving also includes reducing expenditures, such as recurring costs. In terms of personal finance, saving specifies low-risk preservation of money, as in a deposit account, versus investment, wherein risk is higher. Saving in economics In economics, personal saving has been defined as personal disposable income minus personal consumption expenditure. In other words, income that isn't c… (More on Savings)