Savings Accounts

The Many Varieties of Savings Accounts If your parents did a good job teaching you about saving money, you had a piggy bank somewhere in your room growing up. Like many parents, they probably coaxed you into adding to it by offering to match all your deposits. Then, at some point, you just started contributing your babysitting or lawn mowing money on your own and watched as your nest egg grew. After years of pennies and quarters, you hopefully amassed a small fortune. Ultimately, you realized it would fare better in a savings account at a bank. Not only is a deposit account, like a savings account, a...