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Savings Accounts

By admin | May 29, 2009

Savings accounts are the most common form of bank account Australians have. You can get a savings account from when you are a young child, and they are a good account for those who wish to save their money. Savings accounts are recommended for children, and sometimes parents will give their children a ‘dollar a week’ or so to put into a savings account. Many primary and high schools will have banking systems to introduce children to saving money, and they will use a savings account. This is a good way for children to understand the idea of money and saving.

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