Question

question 2 of 6
louie just opened his first savings account. what is one way that it can it help him manage his money?
select a response.

it can give him access to a debit card.

it can help him spend money more easily.

it will keep his money safe.

it can loan him money to pay back over time.

Explanation:

• A savings account's primary function isn't providing a debit card (that's more for checking accounts).
• Spending money more easily is not a savings account's goal (savings encourage saving, not easy spending).
• Loaning money to pay back over time is what loans or credit cards do, not savings accounts.
• Savings accounts are designed to securely store money, so "It will keep his money safe" is correct.

Answer:

C. It will keep his money safe.