why people keep their money in banks

[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

[alpine]

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.

[gt880]

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

[paramita0101]

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:

[nash_avi]

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.

[suntuu]

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

[nick_westlife]

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.

[moustafa]

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

[ishan901]

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

[moustafa]

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

[paranoic]

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.

[moustafa]

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 .