A typical guideline is to have enough money in your checking account to cover one to two months of expenses, plus a 30% ...
Checking accounts are designed primarily as transaction accounts for managing day-to-day expenses. Financial advisors recommend that checking accounts should contain sufficient funds to cover monthly ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
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