Too Long; Didn't Read
The average interest rate on savings accounts currently stands at 0.05%, according to the FDIC. Average interest rates for savings accounts in the U.S. are 0.5%. Thirty-two-two percent said they opened up their regular savings accounts, 13% said they set up a regular savings account. Fifty-three percent of those polled in a recent Acorns survey said they haven’t opened any kids’ accounts for any kids, but according to CNBC.com, 32% of Americans are stowing away any money.
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