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Four of five Americans are choosing to reallocate their savings
Season 1 · Episode 64

Four of five Americans are choosing to reallocate their savings

PennyWise: Personal Finance & Travel Tips · Lee Enterprises

June 2, 202210m 36s

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Show Notes

<p>Is your savings account adding up in the way you'd like right now? A new banking study shows four of five Americans are choosing to reallocate their savings.</p> <p>Host Teri Barr is talking with <a href="https://www.nerdwallet.com/author/chanelle-bessette">Chanelle Bessette</a>, a Banking Expert with NerdWallet, to learn more about the study, the trends it reveals, and a few signs to keep an eye on if you are considering other savings options.</p> <p>Previous Pennywise episodes featuring Chanelle:</p> <ul> <li><a href="https://omny.fm/shows/pennywise/what-the-increase-in-the-federal-interest-rate-mea">What the Increase in the Federal Interest Rate Means for You and Your Money</a></li> </ul> <p>The latest from Chanelle</p> <ul> <li><a href="https://www.nerdwallet.com/reviews/banking/hope-credit-union?trk_channel=web&amp;trk_copy=Hope%20Credit%20Union%20Review%3A%20Savings%2C%20Checking%20and%20CDs&amp;trk_element=hyperlink&amp;trk_elementPosition=0&amp;trk_location=PostList&amp;trk_subLocation=tiles" aria-describedby="structured-content-client-5-1" data-currency="Card">Hope Credit Union Review: Savings, Checking and CDs</a></li> <li><a href="https://www.nerdwallet.com/article/banking/how-to-save-more-when-inflation-makes-your-money-count-less?trk_channel=web&amp;trk_copy=How%20to%20Save%20More%20When%20Inflation%20Makes%20Your%20Money%20Count%20Less&amp;trk_element=hyperlink&amp;trk_elementPosition=1&amp;trk_location=PostList&amp;trk_subLocation=tiles" aria-describedby="structured-content-client-5-2" data-currency="Card">How to Save More When Inflation Makes Your Money Count Less</a><a href="https://www.nerdwallet.com/article/banking/varo-vs-chime-which-is-better-for-you?trk_channel=web&amp;trk_copy=Varo%20vs.%20Chime%3A%20Which%20Is%20Better%20for%20You%3F&amp;trk_element=hyperlink&amp;trk_elementPosition=2&amp;trk_location=PostList&amp;trk_subLocation=tiles" aria-describedby="structured-content-client-5-3" data-currency="Card"></a></li> <li><a href="https://www.nerdwallet.com/article/banking/varo-vs-chime-which-is-better-for-you?trk_channel=web&amp;trk_copy=Varo%20vs.%20Chime%3A%20Which%20Is%20Better%20for%20You%3F&amp;trk_element=hyperlink&amp;trk_elementPosition=2&amp;trk_location=PostList&amp;trk_subLocation=tiles" aria-describedby="structured-content-client-5-3" data-currency="Card">Varo vs. Chime: Which Is Better for You?</a></li> </ul><p><a href="https://omny.fm/shows/pennywise" rel="payment">Support the show: https://omny.fm/shows/pennywise</a></p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>