bank savings account

Philippines
May 26, 2007 5:06pm CST
do you still have your savings deposited to a bank? even if the interest rate is so low, i still try to deposit coz for me it still the safest way. i can just go to the bank if there's an emergency. (my bank is not in my area so as not to be tempted to just withdraw anytime). what are the reasons of you doing this? if you dont deposit your savings to the bank, what do you do with your savings? do you invest it? thanks
1 person likes this
1 response
@jencai (3416)
• Philippines
14 Jun 07
Not now. I used to have one before but it has been closed because I was not able to maintain the balance set by the bank. I'm very disappointed that day because I don't expect this to happen. Anyway I'm planning to open for a new one if not tomorrow maybe next week. I'll be needing it for my moneybookers account.
• Philippines
14 Jun 07
that's great! its really wise to have bank savings, even if the interest rate is quite low.. but at least the money is safe and can be helpful when there's an emergency. thanks.. good luck!
1 person likes this
@jencai (3416)
• Philippines
15 Jun 07
Absolutely. Let's save for our future!