
High inflation has taught Americans smarter ways to save. As a result, many people are growing their wealth more quickly, even when the cost of living remains high. Doing so doesn’t require learning complex investing techniques or even having big chunks of money. It’s all about where you put your savings.
A recent JPMorganChase Institute analysis found that savvy consumers are thinking beyond the traditional savings account. Here’s what they’re doing to boost their net worth without requiring risky investments, and how you can too.