What does save mean?

Answer 1

Ordinary savings are only simplified savings with a base low interest paid on set volume table of value for money invested and a schedule time that interest is paid. This interest if generates revenue is fully taxable. It maybe set for landmark time or a continuous exercising occur in interest earnings. The investment is usually very low risk and may or may not be backed by FDIC insurance pending the provider. In most case investment withdraw may not be restricted at any time or the time frame permit to withdraw reasonable and low penalty or risk. The risk of decline is seldom.

Unlike various specialized savings investments that may have other incentives like non taxable upon interest earnings or other investment incentives with higher returns yet a greater risk and this risk may also follow suite with other factors such as following other investments such as index funds or Stock Market trading. Which the rate of return constantly fluctuates either high or low - the ability to withdraw may enforce penalties or restrictions also providing risk of not able to recover or salvage investments if losses or declines happen.

Answer 2

Generally a savings account pays interest, and a checking (current) account doesn't.

Also, a savings account cannot be overdrawn, but with permission, it is possible to overdraw a checking (current) account. The previous person is correct, a savings account simply lets you save your money and make a little bit at the same time. With a savings account it is a little harder to spend it since they are not typically tied to a checkbook.

Answer 3

In relation to the Christian faith, it presupposes that ll people are 'lost' in sin and need to be saved both from the power and the punishment of sin. To be saved, means to receive and accept what Jesus has done on the cross as applying personally to oneself.

Answer 4

god saved you