The propensity to consume can be influenced by many factors; one of them could be interest rates. Furthermore, the demand for money, which is the relationship between the amount of money people want to hold and certain factors that may determine that amount, dictates to some extent how much people save and whether they save at all. Furthermore, the consumer confidence index is known to be a crucial factor, determining whether or not there is a demand for money; people tend to save more during recessions, expecting tough times ahead. Likewise, people tend to save less when the economy is operating at its optimal state, and they are more optimistic about the future. We then determined why people might be inclined to save money instead of spending it on consumer goods. Now let's see how the money could be saved, so that it brings maximum return to the saver. Interest rates largely determine whether to keep cash on hand or deposit it in interest-paying deposits, such as checking accounts, savings accounts. accounts, money market or