0
What else can I help you with?
Is a bank saving account a good place fo save money?
yes, hence the name saving account.
How can people save money besides in a saving account?
in a bank
Can you save money with a high interest savings account?
Yes, a high interest account is a very desirable savings account because you will gain a decent amount of interest on your money. You will gain much more money if you get compound interest by saving more money into the account monthly.
What are the pros and cons of a savings account as an investment?
At one time, people used to save their money in banks in an saving account to get interest on that money. But time has changed. At present time, it doesn't look any benefit in saving money in a saving account as the interest rate is too low. Banks use people money to give other people loan on high interest and they get benefits. But that benefit doesn't add in your money. People don't get more interest. So at present time people prefer to save their money by investing somewhere else like LIC, by purchasing shares or any other mode instead of having a saving account.
Why do you need bank card?
so you can add money or save it into your saving account.you can also use it for a checking account and writting out checks.
What are the advantages of saving money in the bank?
There are numerous advantages of saving money in a bank for both the person saving the money and others. a. The money you save earns you interest income b. The money you save is lent out as loans to help out others c. The money you save can be withdrawn at any point in future to help you with your financial needs.
What is the different between banking and savings and loans?
saving is when nu want to save ur money and loans are when u borrow money and banking is when u make a account at a bank
What are Monetary items?
monetary means that you can save money in you account monetary means that you can save money in you account
An Easy Way To Save For College?
Saving for college is not one of the things teenagers think about, but it needs to be one of the most important ones. Parents can start saving for college when their children are young by putting money in a savings or trust account at the bank. The money will not be able to be accessed until the child is 18 or 21. The money in the account will gain interest over the years and anyone can put money into the account for the child.
What s the advantage of having a saving bank?
The chief advantages of having a Saving Bank Account are 01) It enables to save money.02) It develops the habit of Saving.03) It enables us to deal less in physical cash.
How does a saving account work?
A child savings account is a bank account that allows and teaches your child to save their money in a safe and responsible way, at a bank instead of somewhere at home where it can get lost.
When should you start saving money for retirement?
There are many ways to save for retirement. You can either save in a savings account or you could start putting it away in a pickle jar. Your choice. Good luck!
