Savings Account

A savings account is a bank account where your money is held an grows with interest.Most people make savings accounts because they're trying to buy something in the future that is expensive. Also savings accounts have low interest rates so money stays in the account for a long period of time.


Tip for success:


  • Stay committed to putting money in the savings account each month because the interest rate alone won't make any changes in the balance.
  • Also even putting small amounts of cash can help you in the long run to achieve your goal.

2 comments:

  1. DanielaMarch 19, 2015 at 10:19 AM

    there are some spelling mistakes but other than that i really liked it.

    ReplyDelete
  2. Garcia Period 1March 19, 2015 at 10:41 AM

    For your first tip, tell me WHY that is the smart thing to do for savings accounts.

    ReplyDelete

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