Most people choose to put their money in savings account where it can earn interest. It would also be safer to place your money in savings accounts rather than just keeping your hard-earned money in your home under your mattress. What if your house gets robbed or your house burns down? If this happens, you … Read more
A savings account is a place where people place their money for it to earn interest. Is it safe to place all your money into a savings account? Considering the current credit crunch, where some banks have closed, you are probably having second thoughts about opening a savings account. The money you put in your … Read more
Saving money in banks or any financial institutions has always been a good way of investing for any future needs or when rainy days come. In Western countries, the most common way of saving has been through a fixed-rate account because of the high interest rate it offers. In instant access savings accounts and fixed-rate accounts, … Read more
People these days are looking for stable options where they can make profits on their investments. Some choose to invest in the stock market, while others just want to put their money in banks. If you want lower risk investment alternatives, it may be better for you to open a savings account. Your savings account … Read more
In these modern times, it’s nearly unthinkable to not have some sort of savings account. It doesn’t matter if you’re young or old, money can’t just lie around your house or sit in your wallet. Income is something that we all need if we want to win the daily fight for survival and savings accounts … Read more
