Honestly, if I ever have that much in my checking account, then I won’t have that much in my checking account, because I would move at least 10k into savings or something with higher-yield and less liquidity.
There are Money Market and similar accounts which act like checking accounts but have interest rates like high yield savings accounts. They typically have a minimum balance of like $5k or more so if you have a large sum of money flowing through the account each month you can still get the yields but an unexpected pileup of bills out of order doesn’t cause declined transactions
$15k, even if you have it, is way too much to leave sitting in a checking account. At the very least invest it in something with high liquidity like the VOO
I’m convinced any excess I get my house or car know about and conspire to drain it as fast as possible by failing when they worked completely fine before I had that money.
I wish I had 15k in my checking account
Honestly, if I ever have that much in my checking account, then I won’t have that much in my checking account, because I would move at least 10k into savings or something with higher-yield and less liquidity.
There are Money Market and similar accounts which act like checking accounts but have interest rates like high yield savings accounts. They typically have a minimum balance of like $5k or more so if you have a large sum of money flowing through the account each month you can still get the yields but an unexpected pileup of bills out of order doesn’t cause declined transactions
70% or more of people wish they did. Most people are just barely getting by.
Well I have not 16, not 16, but $17 whole dollars in mine.
Hah, chump. I have 34 half dollars!
$15k, even if you have it, is way too much to leave sitting in a checking account. At the very least invest it in something with high liquidity like the VOO
Is that something for very excited people with a speech impediment? 🤔
EVOO is extra virgin olive oil so I guess this has just had more dicks in it.
Sounds like a haunted investment.
Invest in AI!!
I’m convinced any excess I get my house or car know about and conspire to drain it as fast as possible by failing when they worked completely fine before I had that money.
You gotta spend it as fast as possible before it can get sapped away.
Savings and investments are for born winners. The rest of us gotta grab what we can when we can.
Gotta stop with the avo toast and Starbucks, then you’ll be there in a matter of weeks.