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0 0 0.018569087930093 0.018569087930093 -0.00983069361004914 -0.000546149645002622 -0.0278536318951392 0.00218459858001107
Stock impact report

Americans Say They Know More About Reality TV Than Saving Money—Here's How That Costs You Every Day [Yahoo! Finance]

LendingClub Corporation (LC) 
Last lendingclub corporation earnings: 2/18 04:06 pm Check Earnings Report
US:NYSE Investor Relations: ir.lendingclub.com
Company Research Source: Yahoo! Finance
Americans report far more confidence in pop culture knowledge than in saving money. Widespread misconceptions about savings accounts may be limiting how much interest people earn. Small improvements in financial literacy can meaningfully strengthen everyday savings habits. A new survey of 2,000 Americans commissioned by LendingClub and conducted by Talker Research revealed that, on a scale from one to 10, America's number one area of expertise is reality TV show drama at 6.4. This is followed by social media trends and home improvement/DIY projects, both at 6.0, and trending music at 5.9. Interest rates followed at 5.7, but saving money was dead last at just 3.9. These figures speak to the need for greater financial literacy in the U.S. and why many Americans may believe common myths about savings accounts. The existing confidence gap matters because saving money is not just a long-term goal—it shapes daily decisions about where cash sits, how quickly it grows, and how prepar Show less Read more
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