Results 1 to 12 of 12
  1. #1
    Join Date
    Mar 2007
    Posts
    366
    Rep Power
    0

    Default why people keep their money in banks

    what is the main purposes of keeping money in banks. do you think that people kep money in their banks to get profit on them or just they want to secure their money. whydon't they invest their money in businesses

  2. #2
    Join Date
    Apr 2007
    Posts
    299
    Rep Power
    0

    Default

    the main purpose of keeping money in banks is that keeping money in banks is safer than keeping money in home, you also get profit by keeping the money in bank.

  3. #3
    gt880 is offline Senior Member I was here more times.
    Join Date
    May 2007
    Posts
    201
    Rep Power
    0

    Default

    i think that there are two main reasons for keeping money in banks and they are; it is a lot more safer to keep money in the banks than keeping money in other places, and you can also earn money by investing in the banks

  4. #4
    Join Date
    Nov 2007
    Location
    India
    Posts
    2,295
    Rep Power
    0

    Default Re: why people keep their money in banks

    Quote Originally Posted by mustang
    what is the main purposes of keeping money in banks. do you think that people kep money in their banks to get profit on them or just they want to secure their money. whydon't they invest their money in businesses
    i think that Bank is most safer. So, banks is safer than keeping money in home, you also get profit by keeping the money in bank. U can get interest also. :wink:

  5. #5
    Join Date
    Sep 2008
    Posts
    705
    Rep Power
    0

    Default

    i think that nowadays investing money is not that popular many people have lost their money so they prefer banks rather than investing.the main idea is that no body has an idea of correct investing.

  6. #6
    Join Date
    Nov 2008
    Posts
    230
    Rep Power
    0

    Default

    investing involves risk,therefore every people don't invest it.
    also in bank it is safe and profitable

  7. #7
    Join Date
    Jun 2007
    Location
    India
    Age
    38
    Posts
    2,807
    Rep Power
    0

    Default Re: why people keep their money in banks

    Quote Originally Posted by paramita0101
    Quote Originally Posted by mustang
    what is the main purposes of keeping money in banks. do you think that people kep money in their banks to get profit on them or just they want to secure their money. whydon't they invest their money in businesses
    i think that Bank is most safer. So, banks is safer than keeping money in home, you also get profit by keeping the money in bank. U can get interest also. :wink:
    well interest is not so much ...But its good returns to you.
    Hidden Content
    Hidden Content
    Hidden Content
    Hidden Content

    Any suggestions for Online or Hosting or blog setup Contact me

  8. #8
    Join Date
    Dec 2007
    Posts
    2,142
    Rep Power
    0

    Default

    interest isn't much but its safer than starting businesses with your money which may lead to a big loss .

  9. #9
    Join Date
    Nov 2008
    Location
    India
    Posts
    725
    Rep Power
    0

    Default

    Dear mustang, people keeping money on Banks for safety, also for gain some interest.

  10. #10
    Join Date
    Dec 2007
    Posts
    2,142
    Rep Power
    0

    Default

    there is much risk on investing your money by yourself while in banks you get a stable interest

  11. #11
    Join Date
    Dec 2008
    Posts
    12
    Rep Power
    0

    Default

    I thing there is to reasons:
    1) They have no time to try forex or something like that.
    2) They are thinking that it's mush more safe.

  12. #12
    Join Date
    Dec 2007
    Posts
    2,142
    Rep Power
    0

    Default

    forex isn't always good .

    so they can try to have a company for manufacturing of cars ,machines ..etc
    thats better than putting money in banks if only you are professional in that .

Similar Threads

  1. Replies: 5
    Last Post: 19-03-17, 11:48
  2. Make Money Referring People
    By journeyoflife7 in forum Webmaster newbie help
    Replies: 0
    Last Post: 14-11-10, 09:52
  3. [need urgent] People to check sites - 2 people, $5 each
    By alec11 in forum Make money without website
    Replies: 15
    Last Post: 28-02-09, 06:55
  4. Offline people can donate me money here for a good cause....
    By nick_westlife in forum Get paid for posting
    Replies: 4
    Last Post: 14-11-08, 22:41
  5. what is the cost of atm machines installed in banks
    By mustang in forum Make money without website
    Replies: 8
    Last Post: 13-11-08, 09:31

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
webmaster forums webmaster resource forum webmaster money forums