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Keeping too much money in your checking account can cost you hundreds of dollars per year in interest. Not having enough money in your checking account exposes you to things like overdraft fees. Extra ...
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 ...
Many Americans keep just a few hundred dollars in their checking account, making overdraft fees from mistimed payments a common concern. So, how much cash should you keep in your debit account?
Financial experts generally recommend keeping the equivalent of one to two months of essential expenses in your checking account. This amount should cover costs like rent or mortgage, utilities, ...