As Retailers Compete to Compel Americans to Spend More Money Than Ever This Holiday Season, One Company Coaxes Consumers to Save and Grow Their Money
When Americans consider the benefits of saving their money for the future, their thinking often becomes clouded. Standard savings accounts offer an average interest rate of just .06% with premium savings accounts paying up to 2% with one requirement; an exceptionally high average daily balance. While these rates are not appealing, the bigger picture is also not a pretty one; these interest rates do not outpace inflation which means people actually LOSE money when they park their cash in these...
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