1. The pros of having a savings account is that number one, you have your money saved and grow interest over time. But the cons there is that it is only a small amount of interest. Another pros => the security for your savings. If you just put your money at home, chances are thief can rob it. => You can do online banking Cons: =>Some banks charge when you do transactions like withdrawing your money, etc. => It’s better to invest your money if you want bigger interest than save it to bank and get only small interest.
List the pros and cons of a savings account.