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Once upon a time, savings accounts were a decent investment option, but today they rarely keep up with inflation... what happened?
sources:
https://www.nerdwallet.com/article/banking/checking/history-of-bank-accounts
https://www.bankrate.com/banking/cds/historical-cd-interest-rates/
https://www.moneyunder30.com/how-banks-make-money
https://www.moneyunder30.com/peer-to-peer-lending-sites-for-borrowers-and-investors
https://www.infoplease.com/business/economy/money-market-interest-rates-and-mortgage-rates-1980
Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC®
Directors: Katie Graham & Andrew Matthews
Written by: Philip Olson, CFP® and Julia Lorenz-Olson, AFC®
Executive Producer: Amanda Fox
Produced by: Katie Graham
Edited & Animated by: Sara Roma
Images by: Shutterstock
Music by: APM
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