Opening a bank account is a great idea for any person seeking to save money. By opening up a savings account, one is truly making a financial decision that will benefit him or her for the rest of one's life. Opening up a savings bank account is a great idea because it will force one to set aside money from a paycheck. It is always a good idea to keep money separate from a checking account, rather than keeping all of one's money together in one account. A person may be easily tempted to spend a lot of money, if he or she sees thousands of dollars sitting in a checking account. By setting aside money in a separate account, the temptation to spend it directly will lesson. A person will also be able to gain interest on any money that is put into a savings account. A savings account allows a pe