Benefits of saving money
Storyboard-Text
- Of course my grandson! You're already off to a good point Because you are aware you need to save which is more than most adults can say
- A well known rule of thumb that anyone who saves should know is the 50-20-30 rule. This strategy consist of budgeting your money wisely.
- I've always heard about savings but I never learned about it.i remembered I took a class about saving but could u tell me some more about it!
- hey grand-pops I've been saving up 75,000 and am thinking about opening a saving account to hold my money for my new car am going to buy. I just don't where to start.
- Also you should know that they are multiply different savings account that have different uses.
- Really ? Can you tell me a little bit about the different kinds of accounts there are so I can figure out which is best for my saving goals.
- you can earn low interest and it is very effective for storing your emergency funds. there may also be a minimum balance required and a limited amount of withdrawlas
- The first type of account u can have is the traditional savings account. it is meant to hold your money that isn't used for current expense and it is much more accessible than the other account you can find
- can I earn interest
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