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many people save money or hold money for transactionary motives or purposes precautionary motive or purposes and also speculative motives or purposes but I would love to deliberate on the speculative purpose or motives
before I go into details in that particular topic I want to first of all give a clear definition of what speculative motive is.
this type of motive is when someone desire to hold money hidden for a business motive and also to back in business dealings like investing it and so on.
now saving up your money for this particular motive is very important because it will actually bring in more money and also profit.
will you save money to invest in either a business or Enterprise there's a tendency that you will gain two times the money you invested and this will create an opportunity for you to save money for future purposes. and saving money for speculative purposes is an elastic one that is it can take a very long time because you want to direct more money in which you can use to achieve your goal or aim.
and so therefore it is highly and important for one to save money for speculative purposes not that he should neglect the other motive for spending money but he should also give room in saving money for speculative purposes and motives
before I go into details in that particular topic I want to first of all give a clear definition of what speculative motive is.
this type of motive is when someone desire to hold money hidden for a business motive and also to back in business dealings like investing it and so on.
now saving up your money for this particular motive is very important because it will actually bring in more money and also profit.
will you save money to invest in either a business or Enterprise there's a tendency that you will gain two times the money you invested and this will create an opportunity for you to save money for future purposes. and saving money for speculative purposes is an elastic one that is it can take a very long time because you want to direct more money in which you can use to achieve your goal or aim.
and so therefore it is highly and important for one to save money for speculative purposes not that he should neglect the other motive for spending money but he should also give room in saving money for speculative purposes and motives