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What is the purpose of a savings account?

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What is the purpose of a savings account?

asked Aug 16, 2023 58.7k views

11 votes

What is the purpose of a savings account?

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high-school

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2 Answers

7 votes

allows you to deposit your money and typically earn a modest amount of interest

Fabian Ochmann answered Aug 19, 2023

by Fabian Ochmann

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6 votes

Answer:

it's to keep what will be saved

Ian Zhao answered Aug 21, 2023

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