What are the advantages of saving your money at a bank?
Would you rather invest your money and earn 6 percent interest or save your money in a bank savings account and earn 0.25 percent? Explain your answer below.
Is it realistic for you to save $20 a month? Explain your answer below.
Your friend has just started his first job, working weekends at a local restaurant. He has come to you for advice on saving money at a bank for his first car. He doesn't have any bills and makes around $400 a month. He has already saved $250 and keeps his money at home. Since he is unfamiliar with banks, what advice would you give him regarding saving his money?