£26,680
About $ 1000
1000
Singapore- 20093.5 to 4%US- 2011less than .5% for small savers
Savings account limits and rates are varied and much information can be found online that will help people find a savings account that best suits their need.
The average 30 year old most likely has less in savings than the average 20 year old, becasue of college expenses and car payments that have been made throughout the years.
$1200.00
About $ 1000
1000
A savings account earns interest.
101,000
You can find the best savings account if you don't have much money at www.best-savingsaccount.com. Another good site is www.moneysavingexpert.com/savings/
Singapore- 20093.5 to 4%US- 2011less than .5% for small savers
Savings account limits and rates are varied and much information can be found online that will help people find a savings account that best suits their need.
The average 30 year old most likely has less in savings than the average 20 year old, becasue of college expenses and car payments that have been made throughout the years.
A current account is an account used predominantly by businessmen. There usually a higher number of transactions that are allowed in a current account when compared to savings account and it also earns much lesser interest than a savings account. Savings accounts are much more common in India than current accounts.
It does not really matter how much money you put in a savings account. The more you put, the more interest adds to the amount. You can add money to the account at any time.
A passbook is useful for an individual with a savings account because it allows that individual to keep track of how much money he or she has in that account.