There&#x27;s a conversation to be had about many Americans living in precarious financial situations, but the reason why most Americans don&#x27;t currently view their savings <i>accounts</i> as priorities is because in the current interest rate environment savings accounts and CDs are products with vanishingly little to recommend them.<p>The APY my bank offers is <i>one basis point</i>.  That&#x27;s $1 per year for every $10k held in the account.  You can imagine that if I suddenly found $100k burning a hole in my pocket I would not immediately think &quot;Sweet!  All I have to do is stuff that it the bank for a year and then I can almost afford an entire movie ticket!&quot;