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Q: How much does average person have in savings account?
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How much money does the average person have in their savings account?

$1200.00


How much does the average family have in a savings account?

About $ 1000


How much the initial deposit to open a savings account at bpi family savings account?

1000


What makes a savings account a better investment than a checkings account?

A savings account earns interest.


How much money does the average person have in their 401k account?

101,000


How do I find the best savings account if I don't have much money?

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/


How much on average a year is the interest for savings account?

Singapore- 20093.5 to 4%US- 2011less than .5% for small savers


Where can people find savings account that will be the best for them?

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.


How much does the average 30 year old have in a savings account?

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.


What is current account in bank?

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.


How much should you have in a savings account?

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.


Why is a passbook useful for an individual with a savings account?

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.