The low-risk, low-reward nature of the savings account keeps appealing to Americans – 45 percent of whom said they had such an account in the latest installment of ÌÇÐÄÆƽâ°æ's Consumer ÌÇÐÄÆƽâ°æ survey. Equity investments like stocks or funds came second at 29 percent of respondents saying the owned them. Other types of investment or money saving setups were far less popular. 18 percent of Americans between the ages of 18 and 64 years said that they owned cryptocurrency, the same share as for life insurances and other insurances that act like investments by offering payouts. 13 percent of Americans said they had real estate investments. An even smaller fraction, 10 percent, said they had money stored in precious metals like gold.
As opposed to all the other financial products on the list, savings accounts might be filled up nicely or completely depleted – something that the survey did not determine. However, it found that the savings account, in use by almost half of Americans, wasn't as widespread as the checking account (64 percent) and the credit card (53 percent). Furthermore, one fifth of Americans said they had a loan in their name. Around the same share said they had a mortgage.
