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in a bank
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∙ 11y ago
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What are the pros and cons of a savings account as an investment?
At one time, people used to save their money in banks in an saving account to get interest on that money. But time has changed. At present time, it doesn't look any benefit in saving money in a saving account as the interest rate is too low. Banks use people money to give other people loan on high interest and they get benefits. But that benefit doesn't add in your money. People don't get more interest. So at present time people prefer to save their money by investing somewhere else like LIC, by purchasing shares or any other mode instead of having a saving account.
What is main objective of a saving bank account?
Saving money. Obviously
What the objective of a saving bank account main?
Saving money. Obviously
How can a savings account help in money saving?
A savings account is a very good account to open up if an individual would like to start saving money. It allows extra saved money to be transferred from the checking account to the savings account.
What does it mean when you put money into an account?
It means that you are saving some money in your own bank account.
Is a bank saving account a good place fo save money?
yes, hence the name saving account.
What does Money saving mean?
Saving money means you put money in a envelope or a bank account. "savings" Well you put it away and you don't touch the money and you keep adding money to the envelope or bank account
How to use the word saving in a sentence?
Saving can be used in a sentence many ways. For example you can use it referring it as saving money in the bank: How much money are you saving in your savings account?
How is chemical energy in glucose similar to money in a saving account?
It receives ATP as interest. The body stores glucose to utilize energy when you need it. This is similar to saving money in an account until you need the money for something.
How is the chemical energy in glucose similar to money saving in a account?
It receives ATP as interest. The body stores glucose to utilize energy when you need it. This is similar to saving money in an account until you need the money for something.
What is the procedure to open a bank account in India?
how much money do i need to open a saving account
What is a Healt Saving Account?
A health savings account is a federally-sponsored account where you can set aside money to cover health expenses. This has major tax advantages compared to just saving money in general. A health savings account is an account that you can put money into on a pre-tax basis. That money is then used for approved health needs, such as prescriptions and doctor's co-payments.
