incentivizing savings
'Incentivar el ahorro' translates to 'encourage savings' in English. It is comprised of two words - 'incentivar', which means 'to stimulate' or 'to encourage', and 'el ahorro', which means 'the saving'. Overall, it implies promoting or encouraging people to save money or resources, usually by providing incentives or rewards.
The government implemented new policies to encourage saving among citizens.
This phrase illustrates how the government takes actions to promote saving habits among its population.
Companies should encourage saving to help their employees plan for their future.
This example highlights the responsibility of companies in promoting financial planning and savings among their workers.
It is important to encourage saving from an early age to ensure financial stability.
This phrase underlines the significance of teaching saving habits early in life to secure a stable financial future.