Hi readers! I am with an interesting news on certificate of deposits. Savings accounts is necessary to keep safe from emergency financial ruin. Every financial advisors suggest to have savings accounts which is safest means of money savings. It may be useful to various condition such as emergencies, education, medical expenses,big purchases,safe savings, and so on. Where as in case of investment there is more risk at the cost of high return,but it is low risk at cost of low return. Now a days savings account can be easily accessed by using debit cards, online banking,etc.. So, big purchase like car, jewelery,stones, emergency like medical expenses, health care can be made. When other source of money fails,savings accounts give hand in critical situation, that’s way it is recommended to have savings account which is sizable at the same time safer than other means of investments.