At the end of every month, I guess I will have only un-withdraw-able amount in [one of] my account[s]. That is not surprising. But, what IS worth a thought is why I still call it a “savings account”. I would say I am saving the account itself (for the next pay check?).
I wonder how many “save” money in bank accounts. Turnover – yes; Savings – not sure. Even if money is saved (by lucky few!), why isn’t that considered as “savings” [by Income Tax departments etc]? Why only other means [that can get us exemption from IT] called so?
Good that we have zero balance facilities as part of the corporate salary accounts. Otherwise, probably we would have to “spend” to save the account as well.