Since the origin of civilization humankind has been dealing with tools like savings account, budget planner, spending tracker, wealth management, and savings account. Which ancient civilization practiced early forms of saving and had a system similar to modern-day savings accounts?

Question

A. China
B. Rome
C. Egypt
D. Greece

Answer 1

C. Egypt

The ancient Egyptians practiced early forms of saving and had a system similar to modern-day savings accounts. They used clay pots known as "money boxes" to store their savings, similar to how people use bank accounts today. These money boxes were often stored in temples or buried in the ground for safekeeping.