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its safe from a fire, robbed lost. Get it anytime you want. Too make more money.

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10y ago
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Q: Why should you keep money in a bank and not at home?
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Are you allowed to keep a lot of money at home?

You can keep a lot of money at home if you want to. As long as you have legally earned money, you do not have to keep it in a bank. It may be safer in a bank but you can keep it in your home.


What is a bank printout?

A bank print out is a sheet that you can keep track of your money at home on. Like a spot for deposit withdrawal.


What do you do if your dad steals your money?

You should talk to him if it's a huge amount of money keep it in the bank.


Is it better to have a bank account or keep your money at home?

It is better to keep the money in a bank account because:The money will earn an interest which will be an additional income for youThe bank will grant loans to other customers who need the moneyThis money will be used by those customers for their business needs


How much do you have to keep in a Bank of America savings account to keep it open?

You can have no money and still keep it open. Bank of America doesn't care if it doesn't have any money in it . If your savings account is linked to your checking account then it should be fine.


What is a printout?

A bank print out is a sheet that you can keep track of your money at home on. Like a spot for deposit withdrawal.


Where does a bank keep money?

Banks keep their money in safe vaults. A portion of their money is deposited with the central bank of the nation too.


If i have 20 million where should i keep the all money?

If you have 20 million you should invest it in real estate, stock exchange and keep some in your bank account.


Why do you receive interest on money that you keep in the bank?

The bank is paying you (compensating you) for the use of your money. When you borrow money from the bank, you pay them interest.


How much money you can keep in your home?

You can keep as much money as you want in your home


What are some benefits you receive from depositing money in the bank?

When you deposit your money in the bank, you can keep your money safe against theft, and other natural calamities like flood, hurricane or accidents like fire. You can also have a peace of mind, that your money is safe in case you are having a large savings or emergency fund, which you just can't keep at home. You can also earn an interest annually for keeping your money in the bank.


Where do pigs keep their money?

They have their own bank.