you would need a base amount of starting out $50,000.00 before a savings account interest will be of any use.
and even then its not enough to live on, just barely enough to keep up with the 20 years of inflation you wasted saving this initial money.
when will people learn that savings accounts are a scam.
you are giving the money to a bank so that the bank can invest it, while you are not seeing profit from that at all.
did you not ever wonder why banks encourage the idea that a savings account is some how a good idea? they are the only ones that benefit from it.
