Savings!
Sumer, Carlos, Josh
Reasons to Save
- Unexpected events or emergencies
- Purchasing expensive items with credit
Methods of Saving
Saving Account - Keeps money safe until the owner needs it for emergencies
Money Market Deposit Account - Account that pays a higher interest rate than a savings account
Certificate of Deposit - An account that pays interest on a lump sum of money
Definition Something a person intends to acquire, achieve, do, reach, or accomplish | Definition Everything an individual owns with monetary value | Definition An abundance of valuable possessions or money |