Some money has gone missing from your home! Maybe saving under the mattress wasn’t a good idea. Your neighbor suggests joining a savings club. You won’t earn interest, but your money is safe, and you get advice from others in the group
What should you do?
This is a nice solution to keep your money safe, but there is a lot of gossiping in these groups to which you don’t want to be exposed.
You think this is a great idea and join the savings club. You're looking forward to some companions in your quest to save up for a bus.