Do you save money in the bank?

As much as i wanted to save, i can't because i've got lots of bills to pay for every month.. yay! plus, i need to support my medical needs because i'm diabetic.. i need to buy meds, insulin, strips, etc..

Hi there marquis!I do have a couple of bank accounts. I put money regularly in these accounts. I find it a good practice as I am able to keep money and prepare for whatever. I am glad that I have given up my credit card about two years ago. It helped me increase my savings and I am so proud about such achievement.

I have a savings account but really don't have all that much extra in cash and the few pennies extra i have I try and put away.

Yes I do save money in the bank. I also had an account for our family. It is really important to save for the future considering that you will never know what will happen. I have not invested on educational plans since I noticed that placing your money in a time deposit would give me more yield than placing it on educational plans. Moreover I have a phobia on this since there was once a big educational plan company that closed here in our country and the planholders have difficulty collecting their investment. I have decided that it would be better to place the money on a stable bank and gain interest rather than place it on educational plans.

Yes. My husband and I have a savings account and are planning to open one for our daughter as well. One tip I have for everyone who have a savings account: unless it's really for an emergency, do not withdraw money from your savings account.

Yes, I do save money in the bank. I have TD (time Deposit) as trust fund for my son. I want the little amount of money I deposited grows to 1 million and give it to my son as a gift on his 21st birthday. That's 20yrs from now. That's the power of compound interest which I am taking advantage of. I just hope that the bank will not close.

yes i save money in the bank. I have a great savings account that i think gives me the highest return on my money that i put in there. I have been saving money for over ten years now. I am working on getting my account to the number that i want it too be. in time all in good time

I tried to open an account for me to save on my car, and the bank I wanted, a minority owned bank and all, turned me down flat. Well if that didn't teach me to not patronize them, that did. but all isn't lost, I plan to reopen another account I have and put it there. And save consistently.

Yes i save money in the bank.I save money for all my future needs.I also save it for my big dreams like my house and car.I accumulate small amounts of money and save it in the bank to get a higher rate of interest.I too will spend the money for my wife,my kid's education etc.

I try to save money - some months it works other months i end up having to use my savings for something big like a car repair which then its good that i've been saving.

that's great, good for y'all. got to think about that rainy day & we all are going to have them. keep up the good work.

Hey there! Yes, I do save money in the bank. I have a two bank accounts one for saving and one for receiving my earnings. The latter I also use for my online transactions since I don't have any credit card to use for spending. I use it to add funds on my pay pal account. It is good to save for the future and even for the present. What if you need big sum of money? You have something to hand out. Before when I was still in college my parents give us money that we need, even we want, I don't give much value to it. I spend, to wherever it would take me, on almost everthing that I like. Now that I am working I realize how important it is. I don't spend on things that I don't really need. If there's something that I want I'd thought "Oh, well that could wait". Have a nice day. Happy posting!!

Yes, marquis, we have a little money saved in the bank, too. I have had a savings account in my name opened for me by my parents ever since I was in grade school. My parents showed us, even at an early age, the importance of having some money saved up in the bank. I opened my own savings account, as soon as I was old enough to open my own account and yes, even while the only money that I put in were my meager savings from my school allowance. I believe that there will always be a good return if we save up for the future.

Of course! I only spend what I have to and what I need, then the rest is in the bank through a direct deposit from my work. But I don't have an actually savings account-I could if I chose to put money in there-but I just save it all in my checking account for now.

I have a savings account since the old school days when I was just in primary school. To date, the same savings account is still alive. Living in poverty have helped me to appreciate the importance of savings, no matter how little it is.

Yes, I save. I have done this all my life. My parents encouraged me to do so since being a small child. Even if I have been on a small wage, I have still put something of it away and in my mind, pretended I did not have it in the first place. Then one day, I would look at my bank book and have a pleasant surprise.. - - Derek

I make sure I put my full salary in the bank. Then whenever I need the cash I withdraw the money. That way there is tendency to spend lesser money. And I can do most of my shopping through my ATM card. And in the bargain avoid spending for unwanted things.

Thats great! Good that you were able to manage your money wisely. We also have a savings account but with very small amount in it. Our income is just enough for the family's need.

it is nice thing to save our money in bank..it will be a useful one whnever we have meet a critical things..now i have near 20$ in my account..but i may take it within two days..i want it to take new dress..on march 28th i have a convecation in my college..so i need to go there in a nice new dress..i may take it..so curretly i am not earning..if i earn in my future surly i like to save money in my account.. have a happy mylotting

i also have a savings account that i put money in every payday. i have a few for different things (ie: emergency, to buy a home, chirstmas, education, vacations, ect) it feels good to know i have the money set aside if and when i ever need it.