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Should You Keep $20,000 in Checking? Probably Not — Here’s Where the Money Could Go Instead
Seeing $20,000 sitting in your checking account can feel reassuring, especially when bills, repairs and surprise expenses seem to arrive at the worst possible time. But a large checking account balance can create a different problem: thousands of dollars may be earning little or nothing when they could be working harder elsewhere. The goal is not to drain checking until every purchase becomes stressful, but
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