Question

give any two advantage of saving money with the bank​

Answer 1

Answer:

1. Safety of money

A bank keeps your money untouched. In the stock market, there is always the risk of stocks doing poorly and you losing money rather than gaining. Your profits may be low while saving through a bank, but you are not taking the risks of losing large sums of money through your savings account

2. Short Term Savings

Saving up for trips, down payments or expensive items that you foresee buying in the immediate future can easily be done. You can save up quickly in a savings account through your bank, and then immediately withdraw the cash when the time comes. For short term savings, this is the way to go.

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Answer 2

Answer:

Two advantages of savings money by banks are:

1:Availability of cheap lones.

2:Safety of public wealth.