He/she is called a miser. Misers hoard money as they are poor.
Because it keeps it out of circulation...
The banks loan people money because it is how banks earn money. The bank will loan out the money to people, and the people will have to pay back with interests so the bank will be making money by just loaning people money. That is why the banks owners get so rich. They will loan out money to a lot of people and they will put a high interest. When they get the money back, they will earn money without even doing any work.
Most people keep their money in banks.
he scamed people to get their money of them
Do not hoard money.
Hoard can be used as a noun and a verb. Noun: a hoard of gold Verb: He hoards all the money.
Because of his memories of the Great Depression the man started to hoard his money.
because they know that one day it could be all gone that's why they hire people to handle there money
save money or hoard
A cheapskate. Or a money hoarder. Or a tightwad.
We but tins of beans when they are on offer and hoard them in the garage.I have a hoard of old magazines under my bed.
He/she is called a miser. Misers hoard money as they are poor.
because they want to
No, but it states not to hoard
In a bank, your money gains intrest and is less likey to be stolen. If you hoard your money in your house, a fire could take place or you could get robbed. Plus with your money on hand all the time you would be more willing to spend it.
Because of his memories of the Great Depression, the man started to hoard his money. Police captured the tomb robber and recovered his hoard of stolen artifacts.