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What are 3 benefits of a savings account?
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What are 3 benefits of a savings account?

User Silvio Biasiol
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Answer:

1. Earning interest - Savings accounts typically earn more interest than a checking account. This means that the money in your savings account will grow over time.

2. Safety - Savings accounts are generally FDIC insured, meaning that the money you have in your account is protected from loss if the bank fails.

3. Liquidity - Savings accounts are highly liquid, meaning you can access your money when needed.

Step-by-step explanation:

User Margery
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