Sally currently has $20,000 in her savings account and she has inherited $250, 000 from her aunt. What should she do to ensure that she will have access to her money if the bank goes out of business

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11-07-2022
Business

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Sally currently has $20,000 in her savings account and she has inherited $250, 000 from her aunt. What should she do to ensure that she will have access to her money if the bank goes out of business

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-07-18T18:20:27+02:00

The thing that Sally can do to ensure that she will have access to her money if the bank goes out of business is to keep her money in two financial institutions.

How to illustrate the information?

A bank is a place where one keeps money and other valuable.

In this case, to have access to her money if the bank goes out of business is to keep her money in two financial institutions.

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