Your well-off neighbor suggests joining a savings club along with some other drivers. You won't earn any interest on your savings, but hope to get some good business advice from others in the group and it will be a safe place to keep your money.
What should you do?
You think this is a great idea, and you join the savings club. You're looking forward to some companions in your quest to save up for a bus.
Savings clubs are safe, but you know that a lot of gossiping goes on in these groups to which you don’t want to expose yourself.