Saving money at home or bank?
February 3, 2010 11:12pm CST
Hey friends, there are many bad cases with banks in my country lately, among other things: theft through machine ATM (Automatic Teller Machine). This has caused a less of trust against banks. It is not in my country. Some months ago, I ever read in newspaper, a spouse in Europe (I forgot exactly the name of country) has saved their money in a shoe, because they did not trust bank. Whatever the risks, I myself remain save money in bank, because at this moment all transactions are made through bank transfer. I only try to be carefully especially with the PIN Code. How about with you? Still save money in bank, or you prefer to save money at home for safety? Let's share. Thanks anyway, you have a good day.
4 Feb 10
hai atleya... i think..to save money in the bank more secure than at home. i'm saving my money in the bank and if there is a need, i took the money at ATM because it easier..i took enoughfor this purpose than if a brought a lot of money in the wallet because it is very dangerous.
4 Feb 10
savings entail an extra money which comes from a steady source of income. to enlarge savings, one has to cut spending while maintaining or increasing income. i do save in banks and home. i keep my savings in three banks to secure money from possible bank failure. our deposits are only guaranteed at certain amount. i also save at home with all my loose changes. everytime i have some coins, i put them in a bottle. now it is half-full of coins. if it gets filled, i will deposit it to my savings account. banks have marginal interest rates, while home savings do not.