The savings are money left after all the personal consumption costs are deducted from the income earned during a particular period of time. Usually, the people choose to invest these in real estate or in other assets or the savings are deposited at a bank, especially because bank assets bring additional revenues and a sum of up to 50,000 lei is guaranteed. Explanations over savings and investments are provided by the National Bank of Moldova (NBM) in an explanatory video, IPN reports.

The people can also invest in state securities that can be bought through the agency of banks or at stock exchanges, but this is risky if the person does not have relevant knowledge. Evidently, the revenues earned on different types of investments are different.

The most active financial assets are those in the form of shares, bonds, facultative pensions, life insurance or other instruments. Usually, the riskier is the investment, the larger is the revenue. That’s why the deposits that are considered safer yield lower revenues.

The video was produced as part of the information and awareness-raising campaign “Financial education - a personal, social and economic benefit” that was launched earlier this week. Within this campaign, the NBM presents a series of videos, podcasts and video guides that present financial concepts and useful information in a succinct and accessible way.