The phrase "boost savings" is correct and usable in written English.
It is often used in financial contexts to refer to increasing or improving one's savings. For example, "I'm trying to boost my savings by setting up a budget and automated transfers to my savings account."
This is intended to boost savings without actually forcing people to stash their money away.
But it was helped by the recent Budget plans to boost savings.
First, fiscal policy needs to be tighter, to boost savings and to allow higher social spending when recession strikes.
In the absence of leadership from the White House, the presidential candidates could elevate the issue, outlining their own plans to boost savings.
Cutting it will boost savings, of which we already have a glut, or house prices in the south-east, which are already too high.
Part is orthodox: prudent macroeconomic management, plus structural reforms such as open trade, deregulation, privatisation and a widely imitated private pension system, all helping to boost savings and investment.
That would slow consumer spending, boost saving and reduce the deficit.In the three years from 1985, the dollar fell by 50% against the other main currencies.
Another allowing people to put more money into tax-preferred retirement accounts might boost saving, but that would mean that consumers spent less in shops now.The main point of talking about such tax cuts is political.
At the same time the large generation of workers getting ready to retire is expected to boost saving and investment.Mexico's dependency ratio will be further helped by the drastic cut in migration of young workers to the United States (see article).
And rapid income growth among young workers boosts savings and fuels investment.But the more an emerging economy resembles the leaders, the harder it is to sustain the pace.
But the retailer's chief executive, Doug McMillon, reckons American shoppers just aren't spending the way they used to and putting any extra money they gain towards paying down debt or boosting savings.
