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What are some reasons to have a savings account?

User Accounts Interview Question
User Accounts Interview Question

Answer:

It can be easier to save if you have a savings account, and the money you deposit in a savings account can grow by earning interest. While interest rates on savings accounts can be very low, it’s better to have your money working for you in a safe place instead of just sitting at home, where it could be stolen or lost in a fire or other disaster.

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