sarahimendozamorales
sarahimendozamorales sarahimendozamorales
  • 12-04-2021
  • Social Studies
contestada

If investing can bring higher returns, why should you put money in a savings account at all? I need an answer quick pls!

Respuesta :

dtgrayson12
dtgrayson12 dtgrayson12
  • 12-04-2021

Answer:

you get moremoney when people use yours for a loan

Explanation:

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aradjudy
aradjudy aradjudy
  • 12-04-2021

Investing gives your money the potential to grow faster than it could in a savings account. If you have a long time until you need to meet your goal, your returns will compound. Basically, this means in addition to a higher rate of return on investments, your investment earnings will also earn money over time.

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