Hannah Yarnall’s Reviews > The Money Manual: Everything You Actually Need to Know About Personal Finance > Status Update

Adding onto the list of things I really should know already: "When you deposit funds in a current or saving account, the bank doesn't just keep it in a vault. Instead, they lend it out in the form of loans, mortgages... You might earn 1-3% interest.. while the bank charges someone else 5-7%"