Is having a savings account worth it or not?

Ron Akia2020-12-08T20:59:40Z

Banks no longer pay an interest rate that justifies having an account just to hoard money. I prefer an account with a brokerage firm that gives me the flexibility of having a checking account associated with it. 

Christin K2020-12-08T13:35:00Z

Of course it's worth it. There is never a downside to having a source of money you aren't spending, that can be accessed easily. 

Anonymous2020-12-08T03:25:49Z

They don't pay much in the way of interest but if it can keep you from spending on frivolous things they can be good.

Murzy2020-12-08T02:36:00Z

You gotta save something.

?2020-12-08T02:03:44Z

No. Get an investment account or just leave all your money in the checking account until you can afford an investment account (though you don't need much)

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