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GOBankingRates
GOBankingRates
Gabrielle Olya

3 Big Reasons Americans’ Bank Accounts Are Shrinking — and How To Fix It

geckophotos / Getty Images/iStockphoto

Two-thirds of Americans have less in their savings accounts than they did last year, according to a new KeyBank survey. If your balance is shrinking, too, you’re not alone — and there are clear reasons why this is happening.

Read Next: 6 Things You Must Do When Your Savings Reach $50,000

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