Sociology, asked by adarshbains6469, 10 months ago

Why do we save money in the bank

Answers

Answered by Ishita407

Answer:

we save money in the bank mainly because it's safer than keeping cash in your home. Any money in the bank is FDIC insured. So, if the bank is robbed you money's insured. Also, most banks actually help your savings grow, with interest added account and CDs

Hope it helps you

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