U.S. savers have missed out on more $603 billion of free money over the past eight years by keeping their savings at big banks like Wells Fargo and Bank of America. I explain how that amount is calculated, why people aren't moving their money and why they should be.

0:00 What $603 billion in missed savings looks like, with coffee beans
1:04 The math behind the $603 billion figure
1:56 Why are consumers missing out on all this free money?
3:04 Why Americans may lose out on even more money going forward

I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.

#PersonalFinance #Investing #DionRabouin

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