Which of the following is not a benefit of a savings account?
A)A way to save for your child's education
B)Builds funds for large, irregular expenses
C)Protection against inflation
D)A way to achieve short-term savings goals

Question

Quizplus · Accepted Answer

Protection against inflation is not a benefit of a savings account. While savings accounts can earn interest, it may not always keep up with inflation rates. However, the other options listed (A, B, and D) are all benefits of having a savings account.

Which of the Following Is Not a Benefit of a Savings