<prompt> Human: I have a bad habit of spending money that i shouldnt if i see it. If i dont see it, its not a big deal. Usually I save cash, but I just moved to an area with a higher crime rate. Would it be a bad idea to use my PayPal account as a savings account? Ive looked into setting up an additional savings from my bank, but I dont want to be able to have easy access to the money. Advice is greatly appreciated guys!  <response>: Hell no, it is not a saving account and not FDIC insured. They can hold your money at any time and its up to you to prove up whatever requirement they want to get it released. Also if an emergency comes up and you need the money it takes a few days to transfer it to your account. If you want to have a savings account you cant get to easily set one up at a different bank, do not get a debit card and do not sign up for online banking 