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My great grandfather knew this simple, commonsense theory long ago. Fact is, Ghanaian workers don't have disposable income to put anywhere. Maybe, the most practical advise is to tell the politicians to put their stolen monie ...
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UNFORTUNATELY THE INTEREST RATE ON SAVINGS ACCOUNTS IS SO UNATTRACTIVE TO ENCOURAGE ONE TO SAVE AT ALL.
In some European countries interest rates on savings are as low as 0.4%, (note a mistake Zero Point Four Percent!)
We dont get social benefits oo here from the govt. And the inflation rate is so bad that u r better off not saving
...THEN KEEPING CONSUMING-F..K,DRINKING,BUYING UNDESIRED ITEMS AND PRODUCE CHILDREN WITHOUT SUBSTANCE.0.4% ON ANY AMOUNT CAN SAVE A LIFE.
.02-.04 so i try to save some in Ghana at 3-4% on small acounts
He is using ghost name on the saving account. If your money is in a bank whether saving account or current account your money is been use.
This man is feeding his family with corrupt money. The government should employ peopl ...
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True talk
Jay Allen is a moron and low IQ Harvard graduate. A defaced law criminal parading the corridors of justice: oh what a moron we breed in Massachusetts
...the ghana banking system is too old!!!! ...its all alive as if its the year 7BC... and they steal from you if you're not observant enough...
I don't think that this man is competent to hold the office of Bank manager or director. No where around the world salaries are kept in saving accounts.
What he should have said or advised the workers upon was "invest in ...
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foolish boy, Wat he said was dat after receiving salaries move dem to savings acc.
You are foolish like the man. Even his english language is very poor. He does not deserve the position he is occupying.
I quote " when I was a ..... and even a pupil teacher, I do not keep my money in ...... He is disgracing ...
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Prof. I believe its rather you who is foolish
Thank you. Was going to tell exactly that
problems understanding him.
The man said that after you have received your salary in your CURENT account, MOVE the money into your savings acccount simply because while current accounts do not yield any interest, you may g ...
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BANKS WITHOUT EDUCATING THE PUBLIC, QUICKLY OPEN CURRENT ACCOUNTS FOR NEW CUSTOMERS WHO WANT TO OPEN ACCOUNTS FOR RECEIVING THEIR MONTHLY SALARIES.
You cannot transfer salaries into savings accounts but only in current accounts, therefore the banks are ccorrect opening currents acounts for those who want accounts for receiving their salaries.
WRONG.ONE CAN HAVE HIS/HER PAY-PACKET TRANSFERED DIRECTLY CREDITED INTO SAVINGS A/C.AN A/C IS MEANT TO RECEIVE & VICE VERSA
I live in the US, where the average Black is relatively poor. The reason is simple: We use the money we don't have, to buy the things we not need, to impress the people we don't like.
Current accounts have no place in a low earning economy such as that of Ghana. It is asking the poor to subsidize these rich bankers
maintain $1000 in USA or pay $9 month...write check or use you debit and take money you don't have in account( over draw fee) plus fee from merchant if check bounce
what he is saying is 100% true ,but the bankers won't tell.
you can make only 2-3 withdrawls in USA from savings without fee...So most people in USA direct deposit their pay into checking(current) account then move to savings unless they have set amount removed to begin with
Are there interest on our savings at all. l work in a bank. where customers hardly get a 10 pesewa on their Accounts
Prodent management of salaries depends on the worker. Your first day at do not open current account for your salary to pass through.the moment that account is open interest will be deducted monthly irrespective you have money ...
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