Different Savings Accounts From Around The World

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Saving is an essential part of managing money. In the ideal sense, for everything you earn, you should spend some and keep some for future use. There are many situations that come up with require a lump sum amount of money. If you earn money on a weekly basis, you could save up part of the money to pay for the rent at the end of the month and so on.

Opening a savings account is the best way to effectively save up for future events. Unlike current accounts, savings accounts are designed to actually encourage you to put in more money than you take out. Savings accounts have restricted access for withdrawal and lucrative offers such as earning interests for the cash put away. There are different kinds of savings account from around the world.

In Asia, deposit bank account types range from monthly to yearly deposit accounts. The longer the term of deposit of cash in the account, the better the deal. You can earn up to 15% interest for savings placed in a deposit account for an entire year.

In the USA there are no limits to the number of times you can make a deposit in a savings account. However, withdrawals are limited to a maximum of six in a month. You can also give a thirty-day notice before making a withdrawal from the account.

Of all the regions in the world, Europe is by far the best place to hold a savings account. Particularly in the UK an ISA is the best way to save. It offers you the opportunity to save with an additional favorable tax status. This is because all the money sent to the account from your after tax income is not eligible for capital gains tax.

There is also no restriction on how much you can withdraw or when you can withdraw it. Interest earned on deposits in individual savings accounts are also not taxed, therefore your savings can also grow. You can save either in a cash deposit account or through stocks and shares that meet eligibility criteria for qualifying investments.

Comments: 73

  1. Vaughn September 10, 2013 at 5:18 pm Reply

    I have too much money on my savings account and need to hide some of it from the tax authorities in my country (don’t live in the US).

    What is the safest way to stash my money besides a savings account? Should I buy physical gold?

  2. Sanford September 10, 2013 at 7:16 pm Reply

    I’m about to get my own bank account. I wanted to get a debit card at first, but a friend told me that if I use a savings account, I can earn interest. But I don’t really know how it works. And she doesn’t quite know either. Btw I’ll be 14 when I get it.

  3. German September 12, 2013 at 1:06 pm Reply

    Talking in terms of interest rates and ease of use! I’m already with ING Direct! Just want more eggs in more baskets so to speak! Is it possible to use an other country to get the best rate… Japan or China.. i.e. the ones with the best rates? Is this legal, any advice would be great!
    I ain’t got loads of money but a think it’s a good way to earn some interest! Thanks!

  4. Lance September 14, 2013 at 9:24 am Reply

    please, by all means, we’re all ears.

  5. Florance September 14, 2013 at 2:45 pm Reply

    When i try to link my savings account with teh Paypal, it tells me to put a few numbers in. Can anyone explain wat these numbers are. They say that the numbers are on the Check book but Regions didnt send me one yet, will it be coming? I just opened it Friday.

  6. Eusebio October 3, 2013 at 10:57 pm Reply

    1. Payton bought a 15-year treasury bond for a face amount of $700. The 2.5% interest will be
    compounded quarterly. What will the future value of Patrick’s investment be when he goes to cash it in on the maturity date 15 years from now?
    $3,079.85
    $717.66
    $1,013.81***
    $1,017.31

    2.. Jerry deposits $5,000 at the end of each year in an account earning 2.25% interest, compounded
    annually. What is the future value of this annuity after 5 years of investing?

    $13,075.30
    $26,150.60***
    $25,226.01
    $52,301.20

    3.Ricky is 24 years old and starting an IRA (individual retirement account). He is going to invest $200 at the beginning of each month. The account is expected to earn 2.95% interest, compounded monthly. How much money will Ricky have in his IRA when he retires, at age 65?
    $108,024.51
    $125,609.25
    $191,398.49***
    $265,037.90

    4. . Grace starts to save at age 20 for an extended vacation around the world that she will take on her 45th birthday. She will contribute $250 four times each year to the account, which earns 1.85% annual interest, compounded annually. What is the future value of this investment when she takes her trip?
    $69,277.66
    $7,923.61****
    $126,777.68
    $31,423.90

    5. Earnest opens a savings account with $5,000. He deposits $900 each year into the account that
    compounds quarterly and has a 0.75% interest rate. What will his account total be in 5 years?
    $9,771.94
    $12,649.12
    $10,706.30
    $23,515.14***

    6.Carmen is planning to invest $200 in a retirement account at the end of each month for the next 20 years. The account is earning 3.15% interest, compounded annually. He used the following formula and variables to solve for the future value of the account after 20 years.

    FVOA= C*((1+i)^nt-1)/(i)

    FVOA = Future Value of an Ordinary Annuity
    C = 200
    n = 1
    t = 20
    i = 0.0315
    He found that the future value of this account will be $5456.83. Is Carmen’s solution correct? If not, explain what he did wrong and provide the correct solution.

    I have no idea…any help and explanation would be appreciated! Thanks in advanced 🙂

  7. Tressa October 4, 2013 at 12:42 am Reply

    Do I really need a checking and savings account or can I just do an interest checking account with a high apy?

  8. Caleb December 23, 2013 at 3:17 am Reply

    and how does interest works in banks?

  9. Zena December 23, 2013 at 11:08 am Reply

    Obviously you can write checks using a checking account, but other than that, why would you use a checking account over a savings account? And can you use a debit card with a saving account, or is that also only checking?

  10. Rozella December 31, 2013 at 10:56 am Reply

    How does it affect the Economy?

  11. Charlie January 15, 2014 at 5:55 am Reply

    I’d really like start making extra money. Don’t really have any specific goal in mind at the moment as I’m really not sure what a realistic expectation is. Just curious what some of you do to make extra cash, preferrabley those with similar resources as I have. So, for perspective, I’m a full time college student, part time worker, with relatively limited resources and access to a few thousand bucks in a savings account.

  12. Zachery January 20, 2014 at 7:26 am Reply

    I just wanted your opinion.

    Why focus on globalization as the main organizing principle of international politics?

    How can different levels of analysis lead to different explanations of the impact of globalization on global politics?
    International relations began as a problem-solving discipline in response to World War I. What are the global problems that now define our field of study? To what extend are they different than in the past?

  13. Cordell February 2, 2014 at 10:24 am Reply

    im writing an analysis about how the highest rates for savings accounts you could find are at around 2% annually. i dint know what to write in my analysis..if anyone could help me with some points.

    more info: the article talks about different percentages that different companies give to their customers and how the banks with the highest interest rates are the online ones that dont have many branches around the world/country.

  14. Shawn February 2, 2014 at 10:33 am Reply

    How much money can be put in the savings account that would not affect my financial aid eligibility. What amount would not reduce financial aid disbursement?

  15. Bud February 2, 2014 at 9:36 pm Reply

    I’m looking to keep some pound sterling saved in a savings account for when I relocate to the United Kingdom. Is there a service in the US that will allow me to have a savings account in GBP? This would be a great benefit to me.

  16. Carl February 5, 2014 at 10:33 am Reply

    I want 2 know about soa and i am in idea of doing a project in soa …help me on this topic …..

  17. Bart February 21, 2014 at 11:09 pm Reply

    I’m thinking that while the stocks and shares in the UK are at an all time low, it would be a good time to buy some shares, but i’ve no idea how to go about it. What is a good thing to put my money into, i’m just Jo Bloggs, so have a bit of money saved, nothing like alot of people have, so any help as to how to go about it, and what would be a good thing to put my money into.

  18. Shaneka February 22, 2014 at 4:00 am Reply

    I have a Roth IRA. It did very well around 2007 and then went down.
    Is it still better than a savings account.
    Should I transfer money from my savings to my Roth IRA right now for 2009? I’m thinking of transferring at least $1000 – maybe even 3,000. The savings will still have a good amount in it so that’s not what I’m worried about. What I’m worried about is that I’ve had this ROTH IRA for 11 years now and at one time it performed but then it went down. But everyone else’s did too. I have not made a contribution to it since 2003 but now I’m strongly considering it because I found out I can use it as a credit on my federal tax form.
    Any advice is appreciated.
    Thanks

  19. Lynnette February 22, 2014 at 4:00 am Reply

    I am looking for any major company name whose business is to make or produce checks for banks in the united states or the world. Thank you.

  20. Vance February 22, 2014 at 5:46 am Reply

    my family is from the middle class making around 200,000 i currently like a girl whos from a lil lower of a class with her parents divorced and her family bringing in less then 20,000. the 200,000 is nothing compared to other family members. the majority of other family members are making close to one million if not more a year. I’m from what one might call a WASP background. my family believes that richer people need to stick togeher and only be with richer folk. so does anyone feel that someone can come into this type of world. my family has told me that i do not have permission to see her and if i do anyways then they will not be taking care of me in the future if things go realy good and we stay together. idk what to do and would like some advice

    thanks

    for informational purposes im 19 and shes 16

  21. Deane February 22, 2014 at 6:45 am Reply

    I am intrested in buying gold and silver coins and bars. There seem to be different kinds and prices. I am not a coin collector. I am buying them to protect some of my savings. I am new to this. Can explain how to buy and the differences between different coins? What should i buy? All opinions are welcome.
    what about .999 and .900? what does that mean? How do you resell the coins?

  22. Colin February 24, 2014 at 12:44 pm Reply

    I’m at 18.5 years of military service and I am literally at a loss for what I need to do. The only thing I know to do is to submit a 4187 requesting a retirement date. After that, I’m LLMF. What else do I need to do to get ahead of the curve?

  23. Ervin February 24, 2014 at 12:45 pm Reply

    do i need to wait 12 or 24 hours before i can answer again?
    btw i dont dislike any answer!

  24. Emmy February 25, 2014 at 10:43 am Reply

    OKAY SO I OPEN AN ACCOUNT WHEN I WAS 14…AND THEY GAVE ME A PASSBOOK WITH A DEPOSITY, I THOUGHT IT WAS USELESS SO I DIDNT KEEP IT, I THINK I DROPPED IT OUT SIDE SOMEWHERE AND NOW WHEN I TOLD MY MOM I DONT HAVE A PASSBOOK SHE SAYS THATS BAD..I WAS LIKE WELL, ITS WAS 2 YEARS AGO ( I AM 16 NOW!!)
    AND I HAVENT BOUGHT ANYTHING FROM MY ACCOUNT FOR THE PAST 2 YEARS..IT HAD 1000 DOLLARS! NOW I FOUND OUT THAT THE PASSBOOK IS REALLY IMPORTANT PLZ HELP!

  25. Shannan February 26, 2014 at 1:52 pm Reply

    Hey, exactly what it says in the question, i think its 16 isn’t it? (for certain parts)? and also, i doubt you’ll know this, but what are the wages around for a 16 year old to work in one of them? because im 14 at the moment, and i want to work some where to put the money into a savings account ASAP, so when im 17, i can do all my driving etc… and then, once i have my license, i can get a cheap car etc… then work allot longer and save for a deposit on a flat, please don’t judge, even if it does sound stupid, what i want is my own Independence, i have spoken to my mother about it, and she says the step im taking are good, because i need all of those things (starting money, car, house) to have my business (child minding from my home, i want to achieve this by the time im about 21-22?

    please just give the answers to the questions i have asked, no more, i know about other stuff, like childminding etc… thanks x

  26. Monte February 27, 2014 at 7:31 am Reply

    I’m a college student in NYC and I’m planning on opening checking and savings accounts at Chase. I know checking accounts don’t give interest- unless it’s a Premier account [at Chase]. I’m thinking of opening a checking account with direct deposit and a regular savings account.

    What kind of fees does Chase have? What are the benefits, if any, of having either accounts with Chase bank?

    I also have a checking and savings account with WaMu. Do you think I should close it or keep it? Which bank has higher interest, WaMu or Chase?

  27. Jaqueline March 6, 2014 at 7:47 pm Reply

    You are the manager of a large data processing project. Your company, Systems Inc., worked very hard to obtain a contract with Big Bank to do their conversions from their recent acquisition, Small Bank.. The bank met with several companies to discuss who would do the best work on the contract. During your meeting with Big Bank, you told them that you had “never missed a conversion deadline.” At the time, your company had never missed a conversion deadline, but the company had only done three conversions. You also told them that your data processing systems were the fastest around.” After months of negotiation, Big Bank signed the contract. The President of Big Bank said, “We like fast, and you guys are fast. We choose you.” You started work on the data conversion immediately (ahead of contract). According to the contract, your team was responsible for ensuring that the new bank’s data was converted to Big Bank’s data processing system. The contract involved six large conversions. The first involved converting Big Bank’s savings accounts, the second its checking accounts, the third its investment portfolio, the forth its credit card, the fifth its mortgage portfolios and the six its large business loans. Your team completed four of the six conversions without a problem. The fifth task, the largest and most important, has encountered numerous problems. Some problems have been based on personnel issues on your part and other issues have been based on the bank’s failure to provide you with necessary information. One issue resulted when the conversion was delayed for over one week. The data to be converted was formatted differently than the bank’s previously specifications provided. For that reason, the data conversion fields needed to be changed. A provision in the contract required your company to receive four people’s approval before making any changes to the conversion data fields, and one of those four people, Glenda Givealot, was out of the country doing missionary work in an area of the world that did not have cell phone reception. Another issue resulted when the conversion was supposed to occur. Because of the change in the timeline, the conversion schedule had to change. The weekend the conversion was rescheduled to occur, an ice storm struck the state where your data processing computers were housed. Your facility lost electricity for three days and the conversion was delayed again until power could be restored.
    1. Can Big Bank’s President rescind the contract? Under what circumstances can a contract be rescinded by either party? What facts have to be alleged and proven? What is the result of a contract that is rescinded?
    2. Big Bank’s President also threatens legal action. What potential causes of action could you foresee him bringing in court? Would he be successful? Why or why not? What arguments could Systems Inc. raises in its defense? What are Big Bank’s potential damages?
    3. Review the facts provided and the sample contract. What provisions of the contract could you cite to support an argument that it is not in Big Banks best interest to rescind the contract? What facts could you cite to support an argument that Big Bank be responsible for some of these issues and/or not in compliance with the contract?
    4. In this situation amicable resolution of problems is greatly preferred by your company. Would this be true in all contract disputes? In what situations and why would you decide to move to litigation over amicable resolution?
    5. There are 3 types of contract performance: complete, substantial and material breach. Describe the differences (and similarities) among the three, and explain some of the legal ramifications for one or more of these types of performances. (For example, what happens if one party performs completely but the other party performs only substantially?) Give examples from outside readings or experiences in your career or personal business life.
    6. What are the two most important concepts from this exercise that will help you in future contract negotiations?

  28. Ingrid March 6, 2014 at 7:47 pm Reply

    I am 25 and in the “working world” now so I want to start putting away money for retirement but I’ve heard stories of people losing their investments because of the economy….how can that be?

    The company I work for contributes $.50 on the dollar up to 6%.

    I have heard the terms 401K, ROTH IRA, CD, Saving account, stocks and bonds, etc all thrown around.
    What is the best option for me and what are the differences in each?

    Lastly, if I use the work 401K should I just do 6% or should I do more?
    I can afford to go more but not too much.

    Thanks in advance!
    p.s. Please take into account the hurting economy.
    OK, I get that I should start saving but which option is the best and what are the differences in each?

  29. Masako March 8, 2014 at 6:25 pm Reply

    my little cousin wanted me to do this she is looking for a website where she can interact with other ppl and there are no curse words allowed she can go to a lot of different places and she can have a lot of fun

  30. Richard March 8, 2014 at 6:25 pm Reply

    I opened a savings account but am a little confused about it. should I take money out of it once a month to pay for my cell phone bill or should I just add money to it and leave it alone? If that’s the case then how do I save money for my bill and insurance ? having loose money in my wallet is wayyyyy too tempting to have and I will spend it. advice would begreat as well as money saving strategies for an 18 year old employees girl =] also what should i do with my paychecks so my money lasts longer?
    I have a savings account as well
    oops! I meant checking account as well

  31. Bernardo March 11, 2014 at 5:32 pm Reply

    On January 1, 2010, you plan to take a trip around the world upon graduation four years from now. Your grandmother wants to deposit sufficient funds for this trip in a savings account for you. On the basis of a budget, you estimate that the trip currently would cost $15,000. Being the generous and sweet lady she is, your grandmother decided to deposit $3,500 in the fund at the end of each of the next four years, starting on December 31, 2010. The savings account will earn 6 percent annual interest, which will be added to the savings account at each year-end.

    future value annuity of $1 for 6%= 4.3746

    What is the total amount of interest earned at the end of the 4 years?

  32. Ted March 11, 2014 at 9:04 pm Reply

    we were in a house and there was few people around of us
    one of them i knew was this girl that i dont like because loongg time ago when i was goin gout with my bf she liked him and flirted with him by sending him pix comments and comments on facebook and i stopped her…but she lives in a diff city so idc about her.

    anyways in my dream i was talking to her and asking for her major and stuff…and when everyone was talking, me and my bf were standing up and he gaves me 2 egagement ring and he puts it in my finger ,you know the ones that comes together?i dont mean 2 different rings.
    we been going out for a year and half im 18 and he is 21

    what does this mean??

    but my bf was there too

  33. Shenna March 12, 2014 at 7:25 pm Reply

    Okay so im young (13) and started a savings account and going to put 100 dollars in it every month, I want to be RICH* when older and i have read donald trumps “how to get rich” and “rich dad poor dad” , “growing money” and have heard putting money in bank, saving money makes u rich over time. So lets say in about 10 years i have a total of 30,000 dollars in my savings account, will i have more then what i put in(like in other words will the bank add more money). I have heard about”credit score” or soemthing and i used this calcuator online sayingt hat if i put 50 dollars a month(im not i wil put more) and 15% of something(forgot) and in so ands so years i will have >>>>blank>>(example 3,000) amount of money.. and it was more then i would put in if i put 50 dollars a month. Please help me??

  34. Cesar March 18, 2014 at 1:05 pm Reply

    Agree or disagree: International trade benefits society. What do you think? Explain your answers.

  35. Emanuel March 19, 2014 at 6:13 am Reply

    Do you think so or not? I say yes when considering the 14.2 trillion dollar debt, obesity epidemic, health care issue, budget crisis.

  36. Ariel March 19, 2014 at 6:13 am Reply

    With increasing threat of identity threat and hacking, I would think it may be harder for the thief to drain your savings if you have your money spread in multiple banks instead of one or two banks.

    Any opinions or experiences? Who knows? Maybe I’ll get an answer from a real identity thief?

  37. Becki March 19, 2014 at 6:14 am Reply

    Very interested to see if anyone can answer this question…
    Actually I was really asking. Like is there 100 trillion dollars in the world and only 5 of it is in circulation among poor to average citizens? I want to know where most of it is and I’m sure we can’t figure it out because of hundreds of secret agendas that the government has. And plus, I want my piece!

  38. Ronald March 22, 2014 at 2:02 am Reply

    We want to save for a wedding. $10,000 would be good. Each of us make around 20,000 a year (it says on our W-2’s.)

    I pay 765 a month in bills not including food and gas.

    His bills, I am not sure but probably 270 less a month since he has an old car.

    How much can we save a year? Thanks! Please be realistic, I’m not good with money!

    Most detailed best answer, thanks!
    I meant he pays 270 less a month since I have a car payment and he doesn’t.
    I have nothing saved. Told you I’m bad with money.

  39. Ismael March 26, 2014 at 2:19 pm Reply

    Sorry if I sound selfish. My wife has been having a hard time adjusting to life here in Australia. Finally we had a huge fight and she tried to take off back to China. Well, I calmed her down and it seemed sort of ok. She said she was staying and wouldn’t book the ticket. She found out her mother wasn’t well but told me that she had changed her mind to stay. So I made an appointment with the doctor for her throat problem…then yesterday she went and booked the ticket to go home for 2 months. That’s the longest we have ever been apart. She expresses that she wants to enjoy her savings and spend time with her family. It is summer over there now. She will do some travel and enjoy herself.

    I will be left here to try and find full time work and keep up the rent etc while I work my casual job.

    Mum says let her go and be with family as our living arrangements are pretty bleak – just renting a bedroom in an apartment. The break will refresh her and she will come back a new woman.

    I say that she is walking away from her health problems and English classes.

    Her aunty says she is being irresponsible and should stay home to save money and work for the future.

    I must say I’m very upset at having to watch her go and have a good time while I am stuck here. We did relocate from China but I feel it isn’t fair that I pay for most things and she stockpiles cash to run around having fun summer holidays. I expressed some of my sadness to her and she told me that she wanted to take me but I need to earn money for the house and our future. Also, she mentioned that she worked bloody hard for the last 6 months staying up all night worrying a out her job, working long hours, always studying non-stop so now she can enjoy a break.

    On the one hand it is fair that I stay behind for work obligations. On the other, it isn’t fair for her to spend the money like that on flights and not choose to wait for us to travel together. She has rubbed it in a bit about the fun she is going to have while she is gone.

    So much for us being married and sticking it out and doing it tough together…

    Life is miserable. I expressed the fact it will be my birthday about a week before she gets back but she laughed and said not to be a baby. This year I will celebrate with the family instead (mum hasn’t celebrated with me for a couple of years anyway).

    The in laws all wanted me to come but I can’t for the obvious reason of not having enough money for the ticket and needing to work.

    So on Monday I see her off to the airport. We will stay in touch while she is gone. Hopefully I get full time work soon so that I can start to save for future holidays. Do you guys think I should plan to go on holidays alone and enjoy myself? Because I feel single and like I did before I left Australia to go and be with her. On my own and working for the same company and trying to save.

    I don’t feel like I’m married at all! I feel like my partner and I are like a casual boyfriend girlfriend couple!

  40. Roger March 27, 2014 at 12:17 am Reply

    The kind of taxes that I pay I should get a free college education and housing.

  41. Sara March 31, 2014 at 12:02 pm Reply

    Do they all come with interests? And what is the difference between a checking and a savings account? How do i ever get my money? and will i be able to use it in any way? Do i get a check card with most banks? thanks.

  42. Felipe April 2, 2014 at 5:56 pm Reply

    Definite: Which one that has never fought for the rights of there own on the job and around there residents, the young people has no true understanding on what the world is leading to there is NAFTA CAFTA and SAFTA.
    There is one way to fine out write your congressman you’ll
    have to fine out that way, UNION workers gets the information before the public, because who made it safer on the job site
    the UNION, who made the 40 hour week the UNION and who
    rised that minu. wage for the individuals out there the UNION

    There is a good thing being in the UNION, you have piece of mind where the employer doesn’t harasse/ belittle you or control you,you go home with all your digits hands,feet fingers and the most inportant one life without being disable,you have no 401k (401k is not a good thing remember enron/worldcom
    look at all those people lost there 401k) we have pensions and a peace of mind that retirement will be there and we have
    different pay rates/scales across the usa.

  43. Donella April 3, 2014 at 12:06 am Reply

    I wanna start saving money to buy a car and would like to know if it would be a good idea to start putting money into my savings account so the money could gain interest, so i can get my car faster…

    whats the minimum amount of money one can put into their savings accounts before it gains interest? and will this be a good idea?

  44. Warner April 3, 2014 at 4:01 pm Reply

    my little sister about ten almost eleven years old loves to go on different websites but they started to be boring to her she wont stop bothering me about it so all i ask is for a list of at least four or five websites that include maybe something with crafts like drawing or they include clothes designing or they include making animations or they include safety NO CURSE WORDS NO HACKERS NO DOWNLOADING NO UPLOADING OR ANYTHING!! please be nice when you answer me if you can give me good and real websites and you can give me at least five or more websites then you will get ten points!

  45. Chadwick April 7, 2014 at 6:10 pm Reply

    Ok, i noticed that people sometimes click the little thumbs down sign when concerning people that think getting married at 19 or 17, or whenever you’re in love (but your young) is wrong. So the question is what age do you think someone should get married at?

  46. Reita April 8, 2014 at 9:10 pm Reply

    My sons currently on a gap year working and he’s always wanted to go and travel china however I thought it was just a phase and he’d choose to travel europe or america or something. However he has the money now after working and has said he now wants to plan and book his trip. As a mother I’m just very worried. I’ve heard some scary stories of people being planted with drugs etc. Also most people who travel china are 25 and over. My sons extremely out going and loves talking to people. Just worried he’ll fall victim to someone he meets that he thinks is his friend.
    My question is, is he too young? Obviously I’m not going to stop him since he’s old enough however I can still tell him my concerns.

  47. Lance April 10, 2014 at 4:36 pm Reply

    I have heard that there are problems with PCs in the US around Daylight Savings Time. Is this true?

  48. Hilton April 21, 2014 at 12:12 am Reply

    I’m thinking about doing World Challenge which is Aug 2014. It no one knows what it is it’s basically going to a different country, e.g Malaysia and living out there for a month. I’m not going to go into it but it’s a great opportunity and I would love to challenge myself because I have never done anything like it before.

    HOWEVER, I have to raise the money myself in order to get there, and I need about £3000. I’m struggling to think of ways to raise the money. It’s probably too early to be thinking about this because I am still unsure whether I want to go or not. I just want to know if I manage making that much money on top of keeping up with school work. I have considered doing a Sponsored Run, but I doubt people will want to sponsor me because it isn’t for charity, it’s for myself. I have also considered the following:
    Cake Sales
    Sponsored run
    Part time job
    Car washing
    Dog walking

    Can you think of anything else?? Thanks!

  49. Adeline April 23, 2014 at 5:49 pm Reply

    I know it sounds silly but I am having a difficult time trying to figure out what my savings account should be set up for.
    I am a business major so I understand them and how they work, however, I was homeless this time last year and I am clawing my way up.
    is a savings account for medical emergencies (I highly doubt 100 a month to savings wont cover much of anything if I got into a major accident.. unless I star saving 30 yrs ago in which I wasn’t born). is it suppose to be for six months worth of living expenses (so if I have to use it because I lose a job and I run out that means I have nothing left AT ALL). is furniture and car considered and emergency? or do I need separate savings accounts or money market for furniture and/or car?

    I just need to know where to go from where I am now.

  50. Stewart April 24, 2014 at 4:10 pm Reply

    So many lamps are there in the market, I had gone to buy some lamps for my bed room, but they confused me so much. Everyone is claiming to be the best one with max. features, please help.

  51. Pearlie April 26, 2014 at 2:35 pm Reply

    Can the bank take your money if something happens with the economy?

    What are the pros and cons of a savings account?

    Is Chase a good bank?

    I’m 19.

  52. Holli May 1, 2014 at 1:45 pm Reply

    I am a college student, trying to establish credit. I want an apartment, but I have no credit history. I have a checking and savings account, but that is not enough credit. What are the best starter credit cards?

  53. Hal May 4, 2014 at 4:35 am Reply

    Im 14 almost 15 and am looking for an old truck, like one of those old ones you would see at a car show, and i would like it to be cheap, sorta, and so ya if u have any ideas please tell me and please dont hate im not the most educated in the car world. Thanks.

  54. Katharina May 5, 2014 at 10:11 pm Reply

    How is your views about globalization different from a person’s view 20 years ago?

  55. Cesar May 7, 2014 at 10:55 pm Reply

    i’ve already heard of/tried habbo, runescape, gaia, imvu, etc.
    i’m looking for different sites where you can chat with others or even make a character similar to habbo.
    thankss.

  56. Cristopher May 8, 2014 at 7:22 pm Reply

    Want to open a savings account with compound interest so i hav money for the future how do i go about looking for a bank that can help me???

  57. Bee May 8, 2014 at 7:26 pm Reply

    I do not understand what a bank savings account is. I would appreciate it if someone could explain to me in detail what a bank savings account is. Also, what can the money in your bank savings account be used for? Do you get a card to put in and take money out of your bank savings account? What do most parents use their child’s bank savings account for?

  58. Wyatt May 12, 2014 at 10:22 am Reply

    What is some important info on a checking and savings account? What types of benefits and disadvantages?

  59. Shalon May 13, 2014 at 6:22 pm Reply

    I already have a checking account via Bank Of America, and I’m now wanting to open a savings account. (The reason being, I’m trying to save as much as I can to move into an apartment and I’ve been spending too much lately). My actual question is, after I have enough saved up, would I be able to withdrawal or transfer all of the money from my savings into my checking account when I reach my goal? If not, how much could I withdrawal? Thanks!

  60. Bianca May 17, 2014 at 5:20 am Reply

    I currently have a checking account with Chase, however I am saving up to pay for my college classes so I was wondering whether it would be a better idea just to keep the money in my checking account or should I open up a savings account just for that? I’ll be paying for my classes over the next year or so so it won’t be just a one time thing. Also I would really like to keep the money somewhere where I’m not as tempted or accidentally spend it. Are there any downsides to having a savings account? Thanks!

  61. Marlyn May 20, 2014 at 5:27 am Reply

    I am in the military and am trying to save up some money for future expenses like a house/kids school or maybe even my own retirement. I am not sure what type of account to get. I don’t know the difference between types of savings. I want a savings account that won’t penalize me when I take my money out when I need it. I don’t have alot to start saving with right now and I know some banks won’t let you start certain accounts with less than like 2 grand. I have about 600-700 as of right now. Any input on types of accounts and even places that allow the stuff I’m talking about would be greatly appreciated

  62. Herman May 22, 2014 at 8:02 pm Reply

    i only have a savings account can i use this on ebay and paypal?

  63. Penelope May 26, 2014 at 3:22 pm Reply

    I’m 18 and my parents have just opened checking and savings accounts for me to put my job earnings into. What are the basics about checking and savings accounts? How do they work and what are some basic terms I need to know?

  64. Paris May 26, 2014 at 4:58 pm Reply

    I just got a job and when I get paid I was wondering if I could open up a savings account being the age that I am. Im saving up for a mustang this christmas, and with the money I have I am going to put down, then pay insurance and car note. I know it’ll be a lot but I make $800 a month. I am a male btw.

  65. Nikia May 30, 2014 at 5:59 pm Reply

    okay so i am 12 (i will be 13 next month) and i want to open up a savings account. I understand that my parents will have to give me permission and do all the paperwork. I only want a savings account not a checking. I wanted to know do you get a debit card with a savings account? and also what bank is better bank of america or HSBC? also what is interest? and would i be able to take out money or would my parents have to? I know i have a lot of questions but i really need the answers to this please help! Thanks.

  66. Lesley June 3, 2014 at 10:24 am Reply

    i just turned 18 and im looking to open up a savings account, i dont have a checking account either. i have $100 to put into the account to start with.
    how do i go about finding the best bank with the best rate and all?
    im new at this i dont really know what im doing.

  67. Nelson June 3, 2014 at 7:44 pm Reply

    My savings account interest rate has gone down considerably to about 3.6 and was wondering what are some good accounts. Looking for one close to around 5% interest.

  68. Damion June 4, 2014 at 3:47 pm Reply

    I’m saving up for college and I would like to know if I should open a savings account. I would put $100 – $200 in it and I would not withdraw any of it. Is this a good idea?

  69. Olimpia June 6, 2014 at 2:18 pm Reply

    Explain Savings account

    which type of investors would be best served by Savings Account

    is this a high/low rist option? and why?

    Be clear as to the usual amount that is neede to utilize Savings account-minimum, maximum

  70. Vivian June 7, 2014 at 5:56 pm Reply

    I want to know if the interest is better in a CD than a savings account. If I can get a savings account with a 5.05% rate, is that better than a CD at 4.95%. That might be obvious, but I am wondering if they accrue interest differently over time. We have money in a short-term CD to get higher interest than a normal savings account, but I don’t want to keep transferring to CDs all the time if I can get the same exact return from a high-yield savings account. Thanks!

  71. Rhett June 14, 2014 at 1:05 am Reply

    I have Bank of America…I have a regular savings account..I only have about less than 2,000 currently…any advice on anything I can do to earn money while keeping what I have in savings, money market, etc? I’m new to this so I don’t know much!

  72. Marshall June 16, 2014 at 1:08 pm Reply

    I just turned 18, so it has to be a bank that will allow you to open account at 18 (most banks do, I’ve only run across one local bank that you had to be 25).

    I would rather it be a well-known-ish bank, and preferably not an online-only bank (unless they have amazing rates and you have been with them for over 6 months without any problem whatsoever).

    Or if there is a website that spells out each banks deal?

    I already have a checking account at BB&T and another checking account at a small local bank.

    Oh, and the minimum needs to be around 100$ (maybe to $150?) or less.

    My financial situation (if you are interested or relevant):
    I have a job that I will be quitting for the summer to be a ‘nanny’ for $150/wk. I would like to deposit $50 bi-weekly into the savings account. I will be starting college next year, hopefully on a full scholarship, but I will still have a job. Money isn’t a desperate thing for me, just want to save some!

  73. Nicolas June 22, 2014 at 10:23 pm Reply

    trying to open a savings account on chase and i already have a checking account, is it possible, whats the difference?

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