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Change Jars Preferred for Saving

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Change Jars Preferred for Saving

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Change Jars Preferred for Saving

Change Jars Preferred for Saving

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A survey by Capital One Financial shows only 35 percent of Americans have a money market account. Americans are more likely to put their money in a piggy bank. But the most common method is a change jar. It won't earn you any interest. But at least the change jar is free, unlike the piggy bank.

RENEE MONTAGNE, host:

If you're not willing to invest in a highly risky mortgage market, you've got plenty of company.

Most Americans don't invest at all. Our last word in business today comes form a survey by Capital One Financial. Only 35 percent of Americans have a money market account. Turns out they're more likely to put their money in a piggy bank. And the most common investment vehicle is a change jar. It won't earn you any interest. But at least the change jar is free, unlike the piggy bank. The top selling product at the kid's store My Bambino is called the grownup's piggybank. It requires an initial investment of $24.99.

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