importance of savings account in our day to day life
Answers
Answered by
1
We save, because, we can't forecast the future and so our saving may protect us monetarily and will safeguard us in crisis. Emergency fund– It may be anything like to build a new roof for our house, huge medical expenses, or unexpected loss of income, etc. We need to save money for these emergencies.
Hope it helps .
Answered by
1
Answer:
A savings account is one of the easiest and safest ways to safeguard your hard earned money. A savings account not only keeps your assets safe, but it also gives you interest at the rate of 6% to 7%. A savings account can help you to get a locker facility too.
Explanation:
please mark it brainliest and thank it please
Similar questions