disadvantages of saving money in the bank
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hey mate here's ur ans:
Disadvantages: Low returns : Savingsaccounts typically earn less over a period of time than the cost of inflation.Fight Inflation – By investing in equity or mutual funds[1] . Bankcharges : Banks will charge you a certain amount of fees for using their servicesATM, debit card,minimum balance etc.
Disadvantages: Low returns : Savingsaccounts typically earn less over a period of time than the cost of inflation.Fight Inflation – By investing in equity or mutual funds[1] . Bankcharges : Banks will charge you a certain amount of fees for using their servicesATM, debit card,minimum balance etc.
Vikasnegi626:
plz mark it as brainlist if u satisfied frm my ans
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* LOW RATES OF RETURNS.
* SAVING MONEY WILL TYPICALLY PAY MORE INTEREST THAN CHECKING ACCOUNTS.
* WITHDRAWAL RESTRICTIONS.
* FEES AND MINIMUM BALANCE REQUIRS.
❤HOPE IT HELPS YOU❤
* SAVING MONEY WILL TYPICALLY PAY MORE INTEREST THAN CHECKING ACCOUNTS.
* WITHDRAWAL RESTRICTIONS.
* FEES AND MINIMUM BALANCE REQUIRS.
❤HOPE IT HELPS YOU❤
i need the explanation
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