Having a savings account can contribute to a person’s overall financial well-being. Which one of the following is NOT a benefit of maintaining a savings account?

AA savings account provides security in tough financial times
BWith a savings account, you can invest when the opportunity presents itself
CHaving a savings account gives individuals the ability to borrow money from members in the community
DA savings account allows an individual to fulfill life long dreams

Verified Answer :

The answer is C..............

Answer:

C

Explanation:

Having a savings account can contribute to a person’s overall financial well-being. Which one of the following is NOT a benefit of maintaining a savings account?

a.

A savings account provides security in tough financial times

b.

With a savings account, you can invest when the opportunity presents itself

c.

Having a savings account gives individuals the ability to borrow money from members in the community

d.

A savings account allows an individual to fulfill life long dreams