Why does a savings account make a better investment than a checking account? Savings accounts earn interest.

Checking accounts have an annual fee.

Savings accounts pay an annual dividend.

Checking accounts aren't government-insured.

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Savings accounts earn interest.

Explanation:

They allow you to grow your money.

For example say you have $670.00 in your savings and your earning a rate of 10% interest by the end of the year you'll have $737.00 in your savings earning $67.00 dollars in interest, by simply saving and then youll earn interest on that new amount.

payments were made after the 1940s.

in the 1980s, a commission held investigations and made recommendations.