by thefreshnerd on June 11th, 2009

thefreshnerd

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WHAT IS THE PURPOSE OF A SAVINGS ACCOUNT

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Answers. 6 helpful answers below.

  • by Patti jo on June 11th, 2009

    Patti jo

    Umm !! to save money ? did I get it right ? lol

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  • by puzzled on July 31st, 2009

    puzzled

    a) To assist savers store money.

    b) to enable the banks to make income.

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  • by littlegreycells on July 31st, 2009

    littlegreycells

    I have been asking myself this all day! They wont let me draw any money out for 6-8 days!

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  • by -NUNYA-- on June 11th, 2009

    -NUNYA--

    so you can't dip into it so easily. If you really need it you have to work or (so to speak) drive to get it! +5

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  • by cofe is grateful today on July 31st, 2009

    cofe is grateful today

    To put money aside for 'a rainy day' in a place that is a bit less accessible than your house so your less apt to spend your money.

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  • by Teller of Truth on June 11th, 2009

    Teller of Truth

    I too am going to have to go with (Drum roll) To save money...Did I win a prize? lol

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