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Savings accounts are a reliable way to store money for the future. True or False?

User FreePeter
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2 Answers

6 votes
False, money is currency it's suppose to be fluid not just sit the in a bank or other institution
User Chris Simon
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3 votes

Answer:

The sentence is true

Explanation:

A saving account is a record of the money that a person embraces in bank deposit account that generates interest. When you open one, you can put to one side money for emergencies or any other contingence it may occur to you in a place that is easy to access and, what is more, you will get some interest. In this way, your money value can be safe from inflation over time.

User Priyanka Modi
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