“What’s happened over the past 60 years is somewhat akin to lending someone a car without first giving them a driving lesson…

…They’ll get down the road and feel the wind in their hair, but eventually most people will get into an accident.”

Every year, U.S. consumers unnecessarily spend hundreds of billions of dollars on bank fees and missed savings opportunities. In a piece for the Huffington Post, Matt explains why consumer finance policy can’t stop money from leaking out of Americans’ wallets and why a more innovative solution is sorely needed. Read it here.