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Why do you think the US has a negative savings rate?
United States citizens have a negative savings rate because they are not motivated to save. The banks do not pay a high return on the money saved. People have the attitude that they want everything now and spend the money to get it.
What does it mean to have a percentage rate on your savings accounts?
It means that the bank will pay you an interest that equals that rate on the money that you hold in your savings account. In India the rate is 4%. Also, it is calculated on a daily end of day balance method.
What was the average savings interest rate in 1995 - 2011?
average savings account rate in 1995?
What was the average savings interest rate 1993?
The average interest rate on savings accounts is 3.5 to 4%
What is the average savings interest rate 2008-2009?
The average savings interest rate in banks is 3.5 to 4%
Why do you think the US has a negative savings rate?
United States citizens have a negative savings rate because they are not motivated to save. The banks do not pay a high return on the money saved. People have the attitude that they want everything now and spend the money to get it.
What is the national savings of the United States?
The current national savings rate of the United States is negative, specifically -3.9%. This means that Americans, on average, are spending more than they are earning.
What does it mean to have a percentage rate on your savings accounts?
It means that the bank will pay you an interest that equals that rate on the money that you hold in your savings account. In India the rate is 4%. Also, it is calculated on a daily end of day balance method.
What are the determinants of savings in Nigeria?
when i mean determinants of savings in nigeria i need anwers like: income of individuals, interest rate on savings, family size govt policy etc..............
What was the average savings interest rate in 1995 - 2011?
average savings account rate in 1995?
What are the negative impact of decreasing the interest rate?
1) Decrease in the value of savings causes redistribution of assets. This redistribution has associated costs.2) Increased consumption due to the increased cost of savings causes inflation.
Do you want a high or low interest rate in a savings bond?
If you are investing in a savings bond, you wish for it to have a high rate of interest. If you are selling savings bonds, you wish it to be at a low rate of interest.
What was the average savings interest rate 1993?
The average interest rate on savings accounts is 3.5 to 4%
what does having a savings rate do for you?
Having a savings rate can do alot for you , I would take to a banker about it more to find out if it is suitable for you .
What is the average savings interest rate 2008-2009?
The average savings interest rate in banks is 3.5 to 4%
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.
Who is the best provider of High Interest Rate Savings Accounts?
WaMu is the best provider of High Interest Rate Savings Accounts.
