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Found 1 result

  1. a mustard seed

    Banking Question

    So, not an LDS question but I trust the people here, at least to not make fun of me for not knowing about certain things because you all know about my situation and how my life has been on hold for the past 10 years. Thus, my knowledge of certain things is limited since my experience is limited. My question: is there some sort of savings account that you can have at the bank where you put money into it and the money grows over a period of time? Or is that just something I made up in my head? I didn't want to go to the bank and ask about it yet because I feel like that is foolish as a concept, that it's wrong, and I don't want to look like an idiot asking about something that doesn't even make sense. But you guys will tell me if it's dumb or not. So, do banks have that kind of thing or am I thinking of an investment or something? I admit, working at the call center where a couple of our clients are financial advisory institutions, my view is probably skewed on what BANKS can do.