Save up - Austria / II. Republic of Austria 1969 - 2 Shilling

Diverse are the views and therefore also the definitions of saving. The general definition refers to savings as "non-consumption of income items during a given income period". There are two prerequisites for saving - the ability to save and the will to save. The latter has a hard life in the social environment of having to consume. Whatever philosophical background saving has, in the historical retrospect, it can be seen that spiritual developments also influenced saving. Today's concept of saving as a means of achieving various purposes brought reformation and rationalism. An investigation found that around 60 percent of savers spend their money on later purchases. The saving of savings accounts for only a small proportion, which is explained by the system of social insurance developed in Austria. Whatever the background of saving, one thing did not change: saving money accommodates man in his quest for freedom. So the motto could probably be: Save free. Not only does personal freedom guarantee savings, it is also a prerequisite for continuous economic growth.