saving tools are (regular saving accounts, high yield saving account, one of the CDs (select CD type),debt security, government bonds, money market account or money market fund)

2. Fahads household is saving for the down payment on a house. Since they have not picked out a house yet, they are not sure how much they need to save. They are hoping to buy a foreclosure and intend to start looking in a couple of months--closer to the end of their current lease. It is important for them that they can quickly take their money out of any investment.

-What type of savings tool would you recommend? Why?

-They have KD 10,000 to invest right now. Find a savings tool with a minimum investment at or below this level. Also, include the financial institution in KUWAIT that is making this offer and include any other applicable details.

3. The Faisals household has some money set aside for emergencies. They would like to earn more interest on it, but require immediate access to it at all times. They would also like to invest in something that is not insured in order to make more money by taking more risk. They do not want to invest in stocks, bonds, or funds that are composed of stocks or bonds.

-What type of savings tool would you recommend? Why?

-They have KD 50,000 to invest right now. Find a savings tool with a minimum investment at or below this level. Also, include the financial institution in KUWAIT that is making this offer and include any other applicable details.

4. The Salems family has some money that is currently in a money saving box. Recently, they learned about how inflation continually destroys the purchasing power of each dollar over time. They would like to move this money to a savings vehicle that will pay them more when inflation is higher.

-What type of savings tool would you recommend? Why?

-After counting all the money the found in their attic they have KD6,700 to invest. Find a savings tool with a minimum investment at or below this level. Also, include the financial institution that is making this offer and include any other applicable details.

5. A number of banks in KUWAIT offer really high introductory rates for new customers. Find one of these offers and describe it below. Be sure to include the institutions name and the specific offer.