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There are two ways to answer your question - when you "put money into" an account, you are "making a deposit." But also, when you put money into a savings account, you typically accrue interest, so you technically also are "making money."
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∙ 10y ago
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What are savings rates?
Savings rate is the amount of money saved divided by disposable income. The savings rate is expressed as a percentage. Saved meaning money put away and not spent.
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.
What do banks do with the money you deposit into your savings account?
Take the money, put it aside for you and wait for you to return and get it.
How would you put your money in the savings account?
Take the money to a teller at your bank, or deposit it in the ATM at your bank.
How do you earn money for a savings account?
You can earn money by receiving a payroll check, birthday/ graduation money. Any way you may receive money. You then put money in your savings account to accumulate interest to use on a rainey day
Why open an savings account?
A savings account is a good place to keep money safe for future needs.
How do you get the down payment on a car?
You make more money than you spend and put the overage in savings. If you're not making enough to save the down payment then you're not making enough to afford the car.
What are savings rates?
Savings rate is the amount of money saved divided by disposable income. The savings rate is expressed as a percentage. Saved meaning money put away and not spent.
What should you think of your savings account as?
money not put to use.
How do you put savings and scarce in a single sentence?
When money is scarce, you may need to use some of your savings.
What are the uses of a savings account?
a savings account is were you put money for future use if need be and for safe keeping
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.
What is college savings?
Money put aside for a future college education.
What do banks do with the money you deposit into your savings account?
Take the money, put it aside for you and wait for you to return and get it.
What are some quick tips on saving money?
Some tips for saving money are: Put all you change into a jar and roll it up each month and put that in a savings account. If you use coupons, take the money that you would have spent and put that into a savings account. Get rid of credit cards.
How would you put your money in the savings account?
Take the money to a teller at your bank, or deposit it in the ATM at your bank.
How do you earn money for a savings account?
You can earn money by receiving a payroll check, birthday/ graduation money. Any way you may receive money. You then put money in your savings account to accumulate interest to use on a rainey day
