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You should consider keeping the unused/not yet needed annual funds in a high yield savings and do monthly transfers, excess cash in a checking account adds up.
by thoughtstheseus 7y ago
You should consider keeping the unused/not yet needed annual funds in a high yield savings and do monthly transfers, excess cash in a checking account adds up. Sounds like you have a good system regardless though!
- astura 7y agoMaybe. Some checking accounts give high interest rates (rewards checking, Sofi, etc.). Plus there's fidelity cash management that acts exactly like a checking account but you can invest the funds in money market.