Savings Banks

When we were young, it was hard to imagine what we shall feel like when we are old. We should be careful if we are able to work and earn money to put something away for our old age. To save requires imagination, thrift means foresight.
Thrift also means self-denial. Our natural tendency is to satisfy out present wants and indulge every passing desire. People with unlimited income may afford to do this, but they are very few. Most of us have very limited income. Unless we are very firm with ourselves, we shall spend all we earn as soon as we get it. It takes a good deal of strenght of will to deny ourselves many things we badly want, in order to save up for a rainy day.
Savings banks are established to encourage us to provide for the sickness and are old age. They do this,  first, by keeping our money safe for us. To keep large sums of money in the house, in a drawer or a hole in the floor is risky, but a good bank is well guarded, and will not lose our money. Secondly, it rewards us for saving by interest on the money it borrows from us. If you keep Rp 10.000,00 in the drawer, it will still be Rp 10.000,00 at the end of ten years, but if you put in the savings banks at, say, 15% interest per years and leave it there, after ten years you will have about Rp 40.000,00.  
Maybe if you save with a foreign currency whose benefits could be even greater. Given the rupiah is still small compared with foreign currency and other developing countries, such as the U.S. dollar, poundstearling, AUD (Australia) as well as neighboring countries despite the ringgit (Malaysia).
Finally, if you keep money in your house, you will be tempted to spend it, but if it is in a bank you will think many times before you draw it out. Therefore the savings banks are a great help to people with small income. They can save their money there and spend it when they are old.