Intelligence

Financial Expert Needed for Story on Where Americans Store Their Wealth

GOBankingRates conducted a survey about where Americans save their wealth and we are seeking a financial expert to elaborate on the following findings: – Most Americans store the majority of their wealth in a 401k rather than a traditional savings account. Why do you believe this is happening? And what are the pros and cons of doing so? – People are putting more of their wealth into checking accounts rather than savings accounts. Why do you believe this is happening? And what are the pros and cons of doing so?