Question

what is the best reason for jacinta to have a savings account in addition to a checking account?
a savings account accepts all direct deposits and processes all direct withdraws.
a savings account ensures she will never go into debt.
a savings account guards her money against inflation.
a savings account keeps her money safe and separate from her spending money.

Explanation:

• Analyze Option A: Checking accounts are more for direct deposits/withdraws (e.g., daily transactions), not savings accounts. Eliminate A.
• Analyze Option B: A savings account alone doesn’t prevent debt (debt can come from other sources like loans, overspending elsewhere). Eliminate B.
• Analyze Option C: Savings accounts typically have low interest, and may not outpace inflation. They don’t “guard against inflation” effectively. Eliminate C.
• Analyze Option D: Savings accounts are designed to store money (keep it safe) and separate it from money used for daily spending (which is what checking accounts are for). This matches the purpose of a savings account.

Answer:

D. A savings account keeps her money safe and separate from her spending money.