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Hatshy [7]
3 years ago
11

Four reasons to keep your money in a financial intutustion

Social Studies
1 answer:
Dafna1 [17]3 years ago
8 0
Four reasons to keep your money in a financial institution like a bank are: Its the safest place for your money. In the case of burglaries or any such misfortune, a financial institution is the safest option. Interest rate is an added incentive for keeping your money in an institution. Money usually keeps losing and gaining value. In a bank it will keep earning you an interest on your savings. It is easy to manage your cash, keep track of your expenditures and savings. Value-added facilities provided by these financial institutions are also an attractive incentive.
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