answersLogoWhite

0

A household saves for important things they might need in the future. For example, buying a bigger home, redecorating, or children's tuition. They lend out for the things they currently need.

User Avatar

Wiki User

10y ago

Still curious? Ask our experts.

Chat with our AI personalities

ProfessorProfessor
I will give you the most educated answer.
Chat with Professor
ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi
DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin

Add your answer:

Earn +20 pts
Q: Why does a household save and lend?
Write your answer...
Submit
Still have questions?
magnify glass
imp