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Second, checking accounts don't earn much interest (if any), so your money won't grow there. Keeping too much in your checking account could mean that you're leaving money — even a little — on ...
Having too little money in your checking account can be a problem, but so can having too much. Your checking account balance should be large enough to cover your monthly bills with a buffer to ...
Keeping too much money in your checking account means missing out on growth -- most accounts earn close to 0% interest. A good rule of thumb is to keep one to two months' worth of expenses in your ...
Keeping too much money in your checking account means you're likely missing out on hundreds of dollars in interest every year. A high-yield savings account (HYSA) can earn you 50 to 60 times more ...