It does not really matter how much money you put in a savings account. The more you put, the more interest adds to the amount. You can add money to the account at any time.
1000
Your paycheck should typically be deposited into your checking account, as it is designed for everyday expenses and easy access to your money. Your savings account is better suited for long-term savings goals and should be used to build up your savings over time.
i think it should be consiterd
Savings account limits and rates are varied and much information can be found online that will help people find a savings account that best suits their need.
About $ 1000
A company open a business savings account because it makes transaction and payment much easier. You can read more at www.citibank.com/savings
They are only taxed on the interest. The money in the account should have already had its tax paid as income.
In Minnesota, a divorce should not affect a child's savings account for college in a divorce.
1000
Your paycheck should typically be deposited into your checking account, as it is designed for everyday expenses and easy access to your money. Your savings account is better suited for long-term savings goals and should be used to build up your savings over time.
When you are young yo should put as much as you can reasonably afford to in your savings account.
A savings account earns interest.
A child should have their own savings account starting at a young age.
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.
You can find the best savings account if you don't have much money at www.best-savingsaccount.com. Another good site is www.moneysavingexpert.com/savings/
Yes, a person should have a savings account for college. If you do not qualify for a scholarship you will need the funds to pay for your tuition and books.
i think it should be consiterd