savingsguideline
nounUK /ˈseɪvɪŋz ˌɡaɪdlaɪn/
US /ˈseɪvɪŋz ˌɡaɪdlaɪn/
A savings guideline is a simple rule that tells you how much money to keep for later.
The savings guideline says to put away a little money each week.
RELATED WORDS
OTHER MEANINGS
2. A suggested target for how much of your income you should save.
Many families follow a savings guideline of saving one-tenth of what they earn.
3. Advice from an expert about the best way to keep money safe for the future.
The bank gave us a savings guideline to help us plan for a new bike.
4. A rule used by a group or company about setting aside money over time.
The club wrote a savings guideline so they could buy new equipment next year.