Savings is money that you put aside for safekeeping. You may be saving for a specific purpose, or you could be building up an emergency fund.
Understanding the various types of accounts available to you and the way these accounts earn interest is one great way to increase savings even further!
Explore how you can make savings work for you with this short 5 minute module in the UMBC FinancialSmarts Financial Education Center playlist The Basics: Savings Accounts!