There are many basic savings accounts available for you. The savings accounts, which are offered by most banks, are best for sinking funds and emergency funds. This is money that you want to have easily accessible to you. This means that you may sacrifice earning higher returns on the money, so you will not want to put all of your money into these types of accounts. The first account is a basic savings account. You can open this account at any bank or credit union. The interest rate on a basic savings account is usually pretty low, but it should … Continue reading →