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How Much to Keep in Checking.
- Source :
-
Kiplinger Personal Finance . Oct2024, Vol. 78 Issue 10, p51-51. 1p. 1 Chart. - Publication Year :
- 2024
-
Abstract
- This article from Kiplinger Personal Finance discusses how much money individuals should keep in their checking accounts. The author suggests keeping enough money to cover one month of living expenses, along with a cushion for unexpected bills. Additionally, it is recommended to hold an additional two weeks' worth of living expenses in case of emergencies. The article also advises individuals to transfer excess funds to high-yield savings accounts or money market accounts to earn a better interest rate. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 15289729
- Volume :
- 78
- Issue :
- 10
- Database :
- Academic Search Index
- Journal :
- Kiplinger Personal Finance
- Publication Type :
- Periodical
- Accession number :
- 179120256