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The Impact of Saving in Personal Finance

Author

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  • Sanie Doda
  • Shkelqim Fortuzi

Abstract

Personal finance shows how we manage of our financial resources. Represents our willingness about money and in general money management our economic and financial. This means you need to decide by yourself for your money, to have success. Savings for each case helps us to overcome such crisis in our lives. Saving helps us to overcome significant problems in our lives. To manage our income means to start a journey towards financial freedom. This does not necessarily mean having a luxurious life, but to adopt effective measures of achieving a certain comfort efficient management of money for each individual brings a qualitative growth. Money is a tool, the means by which we support our unique values and priorities. Therefore it is important to create a financial plan, savings strategies. Goals and opportunities for individuals to save are different and it is difficult to find a suitable solution for all. Albania has not started functioning separate windows or agencies that are only in terms of personal finance.

Suggested Citation

  • Sanie Doda & Shkelqim Fortuzi, 2015. "The Impact of Saving in Personal Finance," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 1, May - Aug.
  • Handle: RePEc:eur:ejesjr:23
    DOI: 10.26417/ejes.v2i1.p108-112
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    References listed on IDEAS

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    Cited by:

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    2. Dorsaf Elbir Merhbene, 2021. "The relationship between non-performing loans, banking system stability and economic activity: The case of Tunisia," IHEID Working Papers 03-2021, Economics Section, The Graduate Institute of International Studies.
    3. Almir ALIHODŽIĆ & İbrahim Halil EKŞİ, 2018. "Credit growth and non-performing loans: evidence from Turkey and some Balkan countries," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 9, pages 229-249, December.

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