Saving money regularly
By maximax8
@maximax8 (31042)
United Kingdom
October 7, 2019 10:18am CST
Today I read that the bank reduced its interest from 5% to 2.75% interest. I am really shocked. It allows payments of 300 a month. I began mine earlier his year and will be able to get 5%. However new customers don't. I am trying to save up to buy a second hand car.
Do you like saving or spending money?
Does your home country offer regular saving accounts?
9 people like this
11 responses
@Hannihar (130150)
• Israel
10 Oct 19
@maximax8
I can understand for withdrawing but when someone puts money into their account I do not know why they charge. I cannot go to another bank so stay there. You are welcome. I try to save more than I did before. We need the money and it seems like there are lots of expenses lots of times.
1 person likes this
@dodo19 (48119)
• Beaconsfield, Quebec
8 Oct 19
Wow that is quite the decrease. I would love to be able to save some money. However, things are tight for us at the moment. So, we're not able to save, sadly. Hopefully, soon we'll be able to get things a little more under control, and we'll be able to start saving more.
1 person likes this
@ShyBear88 (59342)
• Sterling, Virginia
7 Oct 19
We have a regular savings account with interest which I being it’s a 3.57 not a 100% on that it might be lower then that. We like to save and spend. I actually have an app that takes small pocket change out without making my account go dangerously low. Normal suck a small amount that it goes unnoticed. Then we also take a few dollars out in cash out in our physical banks at home. This comes in hand if we do get low and need like food money or gas for the cars.
1 person likes this
@ShyBear88 (59342)
• Sterling, Virginia
9 Oct 19
@maximax8 it’s set to take small amounts and that’s what it’s designed to do. I also have it set if my bank account goes below a certain amount it isn’t allowed to take any money unless I personally add in the money myself
1 person likes this
@TiarasOceanView (70020)
• United States
21 Oct 19
I like saving money it is a necessity.
Good luck with getting a car Maxi. You will get there if I know you.
Oh that is a pity they reduced the rate.
@JohnRoberts (109841)
• Los Angeles, California
7 Oct 19
I have always been a saver. It's a necessity of life.
1 person likes this
