What Is a Savings Account and How Do They Work?

[@crocs3534]

This video taught me more stuff in 5 minutes than school in 7 hours

[@eadad4371]

No doubts , A good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made

[@Alexedmartin]

Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated

[@eadad4371]

@@Alexedmartin Generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (Regina Louise Collaro) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself.

[@Alexedmartin]

@@eadad4371 That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?

[@eadad4371]

@@Alexedmartin look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located

[@emeldcentor1474]

@@eadad4371 I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .

[@a.whychild6591]

Oh this is really needed info

[@cyface]

Awesome explanation!

[@NATmusic27]

this was suuuuper useful and well presented

[@Alkun]

I must say, this is quite underrated. You deserve more views.

[@loriguercio4374]

I agree

[@shanialindsay7420]

right

[@artguyimagine4113]

Agreed

[@kalel311superman9]

i am 15 and i just opened my first account so this is good info

[@rjgroovey8153]

That's dope I am 17 and open it

[@jeremydiliberto4217]

Build you're credit

[@g_rey8521]

They teach me in school about some molecular science bullshit. And yet this is something that everyone should know but has to learn the hard way after school. I’m 20 and I don’t even know how a savings account works. It’s embarrassing this school system.

[@mr.paralysis9161]

this is fucking true man!

[@jamesbedugraham8056]

How can an industrialized nation like Canada lack the confidence to teach its citizens the benefit of a Savings Account since 2011

[@g_rey8521]

@@purplemarsmotionpictures Bro, what does math have anything to do with having a savings account??

[@g_rey8521]

@@purplemarsmotionpictures where did you go to school? I mean like what country

[@g_rey8521]

@@purplemarsmotionpictures If you are from anywhere but the U.S. I am not talking to you.

[@bluewrx04]

man i only got 1000 in my savings account lol but i havent touched it and i want it to grow i hope i can reach 10grand im sorry its hard to save for me i wish i could save more ive been trying but just this month i had a tooth broke on me and my insurance didnt cover anything so i had to pay 3500 to fix my tooth implant .. wich is cheap i heard cuz my mom had it done and she had to pay almost 6g so i guess i got some kinda luck but still 3500 is alot of money for me to pay i wish i can make it to 10 gs in savings account life is hard

[@brownie5772]

bro i just wanna save my money into another account why so complicated

[@outofcontext728]

Wow thats helpful thanks

[@imjcarp]

I have $3k in my savings account. It takes about a month for me to make $2k. Should I just keep it in there since it’s no risk or should I put it all in BTC?

[@gslicez4244]

Don't put all of it in BTC put half or less

[@kybx4337]

never put all your eggs in one basket

[@jamesbedugraham8056]

Savings account have been around for a long time but the biggest problem is that one gets interest for keeping the money for at least to 12 Months within thy Bank selectivity. In most countries Savings Account are boring instruments for a particular Savings Bank from 2020 to 2022

[@juliomurillo511]

I don’t think my bank has ever given me money like that. All I see they do is transfer from my checkings a few bucks into my savings

[@rehanumaniha304]

thank you making this sutff for every one im a ower of the youtube

[@frankdavidson9675]

do not buy a life ins policy put mony in a bank account to save you do the math ???

[@IAPD3000]

Can you withdraw some money out from your saving account?

[@r3alist_darius4x]

Thank Youu so much for this Video☺️ Very well explained it’s crazy how I learned all that in 4 minutes!

[@mikeyoung7640]

What if you had 1 dollar in your savings

[@legionavinash7139]

❤️

[@Daemon1995_]

this needs to be taught at school

[@theascent_money]

We couldn't agree more.

[@NJ0505]

True

[@shreyashivakumar3791]

It is being thought in school that’s why I’m here a day before my exam 😔

[@CatzzMoney]

Agreed. In a way, KZbin is remote learning for me. ❤

[@Crazyclips228]

It's taught in school in commerce..