Gap
Categories: Accounting, Banking
You are building a savings account, and every month you put in 100 bucks. Last month, your electric bill was unexpectedly high, so you were unable to place money into your account. No activity was made to your account. Same thing happens again next month, and you can’t put money away to savings. But the next month, everything settles down and you're able to start saving 100 bucks a month again.
The two months you didn’t put money into your savings account was a gap in your savings plan.
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