Question

write importance of savings account in our day to day life 10 to 11​

Answer 1

Answer:

ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ ⬇️

Step-by-step explanation:

ʜᴀᴠɪɴɢ ᴀ sᴀᴠɪɴɢs ᴀᴄᴄᴏᴜɴᴛ ᴍᴀᴋᴇs ᴛʜᴇ ᴍᴏɴᴇʏ ᴇᴀsɪʟʏ ᴀᴠᴀɪʟᴀʙʟᴇ ᴛᴏ ʏᴏᴜ. ᴛʜᴜs, ʏᴏᴜʀ sᴀᴠɪɴɢs ᴀᴄᴄᴏᴜɴᴛ ᴀʟsᴏ sᴇʀᴠᴇs ᴀs ᴀɴ ᴇᴍᴇʀɢᴇɴᴄʏ ғᴜɴᴅ. ᴛᴏ ᴍᴀᴋᴇ sᴜʀᴇ ᴛʜᴀᴛ ᴛʜᴇʀᴇ ᴡɪʟʟ ʙᴇ sᴜғғɪᴄɪᴇɴᴛ ғᴜɴᴅs ᴛᴏ ᴄᴏᴠᴇʀ ᴜɴᴇxᴘᴇᴄᴛᴇᴅ ᴇxᴘᴇɴsᴇs, ʏᴏᴜ sʜᴏᴜʟᴅ sᴇᴛ ᴀsɪᴅᴇ ᴛʜʀᴇᴇ ᴛᴏ sɪx ᴍᴏɴᴛʜs ᴏғ ʏᴏᴜʀ ɪɴᴄᴏᴍᴇ ғᴏʀ ᴇᴍᴇʀɢᴇɴᴄɪᴇs.

Answer 2

Step-by-step explanation:

Having a savings account makes the money easily available to you. Thus, your savings account also serves as an emergency fund. To make sure that there will be sufficient funds to cover unexpected expenses, you should set aside three to six months of your income for emergencies.

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