Four of five Americans are choosing to reallocate their savings

Is your savings account adding up in the way you'd like right now? A new banking study shows four of five Americans are choosing to reallocate their savings.

Host Teri Barr is talking with Chanelle Bessette, a Banking Expert with NerdWallet, to learn more about the study, the trends it reveals, and a few signs to keep an eye on if you are considering other savings options.

Previous Pennywise episodes featuring Chanelle:

• What the Increase in the Federal Interest Rate Means for You and Your Money

The latest from Chanelle

• Hope Credit Union Review: Savings, Checking and CDs
• How to Save More When Inflation Makes Your Money Count Less
• Varo vs. Chime: Which Is Better for You?

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PennyWise is a show about money, personal finance, investing and travel. The program features a variety of financial experts who can help save you money.