"Personal saving refers to the behavior and habit of individuals to store income and wealth. Personal saving is the basis of personal financial planning and an important factor in the economic development of a country.

Personal saving usually means that individuals save part of their income instead of spending all of it. Personal savings can be achieved through deposits, investments, and the purchase of real estate or other assets. The form and method of saving varies according to individual needs and financial circumstances.

The impact of personal saving on the economy is very important. First, personal savings can provide individuals with financial security and emergency funds, such as in the event of job loss or unexpected events. Second, personal savings are also the basis for national economic development. Personal savings can provide funds for investment and innovation, boosting economic growth and job creation. In addition, personal savings can also reduce the country's demand for external borrowing, thereby reducing the country's debt risk.

However, personal saving also presents some challenges and limitations. Personal savings rates can be affected by many factors, such as inflation, interest rates, taxes and income levels, among others. Additionally, some individuals may be unable to save due to lack of financial literacy or financial hardship.

Therefore, in order to increase the personal savings rate and promote economic development, the government can take measures to encourage personal savings, such as raising savings interest rates, launching tax incentives and providing financial education. In addition, individuals should also adopt appropriate savings methods and strategies according to their own economic conditions and needs to achieve personal financial planning and development. "