Question 9 of 19beginner💡 UnderstandVery Short1 mark
If you get pocket money, do you save it? If yes, where do you put your savings?
Correct Answer
Yes, pocket money can be saved in a piggy bank at home or in a bank account. A piggy bank keeps money safe at home for small savings. A bank account keeps money secure and helps it grow over time. Banks are special places where money is kept safe for future needs.
Exercise: Write | Q: 1 | (Page Page 9)
For More Understanding
Explanation
Page 8 of the chapter explains that banks are special places where money is kept safe and help people save money for future needs. Page 15 mentions a piggy bank as a place for savings.