answersLogoWhite

0


Best Answer

By not keeping your money in a financial institution you are not earning interest on it while it sits their vice sitting in your hand

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does it cost money to hold money?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is special about elephants teeth?

they are special because they cost a lot of money if someone got hold of one


Why is money demand downward sloping?

Money demand is always downward sloping because when the cost of holding money increases (e.g. interest rates rise) the quantity of money consumers hold decreases. This means at lower interest rates, people want to hold more money and fewer bonds.


Can you write a check against money on hold?

No. The money on hold is not available to you for any reason until the hold is released.


Does it cost money to have a estore account?

No, it does not cost money.


Does it cost money for an account at jonasbrotherscom?

No it does not cost money.


Does it cost money to be a super moshi?

No it does not cost money


Is it irrational to hold money balances?

No, it is always sensible to hold some money balances.


Does 9.0 yahoo messenger cost money.?

No it does not cost money


Do jibjab cost money?

Yes it do cost money


Does LimeWire cost money?

It depends on which version you get there is a way for it to cost money. But it is most likely to tell you whether it will cost money or not! :)


Does it cost to play small worlds?

No, it does not cost money. But if you want to be a VIP then yes it does cost money!


Does Lego universe game cost money?

it doees cost money