Savings Account

A savings account is an account for storing money while you earn some interest from it. Your money stays absolutely safe in a FDIC-insured savings account, and can be stored for short to medium term goals, like a down payment for a house or a car, or used for an emergency fund.

For more information, please visit: What is a Savings Account? A Simple Explanation for Kids, Teens and Beginners

Easy Peasy Finance for Kids and Beginners

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