to put money (cash) in some place that is safe
Safe bank is a term to ensure that money in one bank is safe. The term safe bank can be related to the FDIC. Both of these terms have the same meaning.
Bank certificates of deposit (CD) refer to time deposits offered by banks, thrift institutions, and credit unions to their consumers. Essentially, they act as risk-free 'money in the bank'.
Saving or caching.
House
Money Market fund is a mutual fund that one invests in short-term debt securities. Monet market funds are almost as safe as bank deposits but they will make more money.
Saving culture refers to the practice of saving money or resources for future use, rather than spending them immediately. It involves prioritizing financial stability and long-term goals over immediate gratification. Saving culture promotes financial responsibility, preparedness for emergencies, and the ability to achieve goals such as buying a house, starting a business, or funding retirement.
It simply means that a dollar today is worth more than a dollar a year from now, since you can bank the dollar and earn a year's interest.
interest
MSNmoney is a good site to find a college saving calculator to help you with a long term plan on saving money for your children's education fund. Another good location is CNNmoney. You may also want to try your local bank website which can direct you to a planning solution for college savings.
There is no information to be found specifically for the term money summary format. Perhaps The writer meant another term or phrase.
If you need to withdraw the money from a certificate of deposit before the term is over, you usually have to pay a penalty. The penalty varies from bank to bank and depends on the term of your certificate.
There are no official requirements. Simply being successful in saving one's own money can qualify one as a money saving expert. However, accountants and those who passed an exam as a "Certified Financial Planner" are more in line with the common use of the term.