Igor Balynin offered pensioners a way to increase their pension income.
A candidate of economic sciences and associate professor of the Department of Public Finance at the Financial University under the Government of the Russian Federation advises using a savings account.
He emphasized that it is beneficial for pensioners to receive payments to a savings account. This way they will be able to earn interest, writes Gazeta.Ru .
Balynin also noted that savings accounts with daily interest are especially profitable at high rates.
Even though the amount is small, regular interest can significantly replenish the budget.
The economist reminded that a savings account is suitable for temporary storage of funds.
By depositing the amount for just 20 days, the pensioner will receive interest by the end of the month, which will be useful for paying utility bills.
Thus, a savings account will help improve the financial situation of pensioners.
