Sentences with phrase «sitting in my checking account»

Its principal strength is its gigantic, low cost base of deposits, cash primarily sitting in checking accounts.

Having your bank account hacked can be a financial nightmare and when you've got thousands of dollars sitting in your checking account, it can be take longer to detect.

Ideally, you should be aiming to have the equivalent of at least one month's expenses sitting in your checking account at any given time.

This means the money that sits in your checking account (such as your paycheck deposits and rent and utility funds) earns interest with no extra work on your part.

Forming an estimate of how much money will regularly sit in your checking account can help you choose one with an appropriate minimum balance requirement.

However, let's say you are my little sister, and you don't have $ 10,000 just sitting in your checking account but could put $ 200 every month.

An even more important figure linked to life satisfaction is the number sitting in your checking account, according to a new study published in the journal Emotion.

Put that money away; don't let it sit in your checking account.

I pay my bills the day they are due because I earn interest on the money sitting in my checking account until then.

So what the mortgage optimization does is completely reverse the table, and your income, instead of sitting in a checking account earning zero, is sitting in a home equity line of credit, what's called a HELOC, which is a liquid line against your house.

If you don't do anything positive with that extra $ 250 a month and just let it sit in your checking account and increase your spending, then maybe allowing yourself to get a nice refund will be a kind of «forced» savings (though an automatic contribution to an online savings account would work just as well).

While I love to earn interest on money sitting in my checking account, they don't provide the best rate for checking accounts.

I opened my account to earn interest on the money sitting in my checking account.

Forming an estimate of how much money will regularly sit in your checking account can help you choose one with an appropriate minimum balance requirement.

It is wasteful to leave excess money sitting in an checking account if the savings account will provide a higher return.

This is a great way to make your money work for you, even when it's sitting in your checking account.

Says Michael Banks, founder of personal finance blog The Fortunate Investor, «Money that sits in a checking account accumulates very little in interest.

At the same time those few hundred dollars would be losing value (due to inflation) just sitting in my checking account.

The worst possible thing you can do with that extra paycheck is to just let it sit in your checking account and have absolutely no plan on how to use it.

I would then either just let that extra money sit in the checking account until the next paycheck came through, or pay off one (or more) of the bills that would be due during that next time frame during this period.

Of course, if you have $ 50,000 sitting in your checking account, you can't claim Chapter 7 and keep all of that money.

If you've got a big pile of cash sitting in a checking account, you're probably missing out on hundreds of dollars worth of interest.

Why leave money sitting in a checking account that does nothing for me when it can be reducing my daily interest charges.

All the money did was sit in my checking account until I needed it — for buying a car I didn't need or day trading.

No judgment, but if you're the type to have extra funds at the end of each month and end up just letting it sit in a checking account or spend it on something you don't need, then you might want to consider a whole life policy.

Not exact matches

This cash component may sit in his or her investment account in purely liquid funds, just as it would if deposited into a bank savings or checking account.

In an effort to placate the powerful politician, Klein told the firm's accounting department to deliver Silver's checks to the speaker's secretary at the firm, but they just «sat in a drawer» waiting for Silver to pick them up, he testifieIn an effort to placate the powerful politician, Klein told the firm's accounting department to deliver Silver's checks to the speaker's secretary at the firm, but they just «sat in a drawer» waiting for Silver to pick them up, he testifiein a drawer» waiting for Silver to pick them up, he testified.

If you have money sitting in a checking or saving account earning no interest, simply moving it to a high yield account can dramatically increase your interest payout.

No matter how much you really want to check this savings goal off your list, it's all too easy to spend the money on something else when it's just sitting in your bank account.

Not only that, if you had $ 5,000 sitting in your checking, why wouldn't you put that in a CD or online savings account?

And meanwhile, you've got your money, your paycheck, and all your other income, in a checking account, sitting there earning zero, basically.

Currently this is sitting idle in a low interest checking account.

While large investments are perhaps those best handled by financial advisors, general operating cash, that sits in savings and checking accounts, should always be earning interest too.

Sometimes it's hard seeing money in an checking account, sitting there, waiting to get invested - especially when you see PF bloggers jumping in on some good deals.

I also have $ 10,000 sitting idle in a checking account.

$ 4800 will need to sitting in a checking or savings account (or even combined across accounts).

So if you have been interested in an online checking account but have been sitting on the fence about it, now is the time to take actions!

If the check is drawn on a Nigerian (or other foreign) bank or you look elderly or confused and unused to dealing with banks, a bank teller might refuse to even accept the check for deposit (and especially if you are making a separate withdrawal from your account at the same time) and refer you to a bank officer who will sit you down and discuss the matter in more detail.

Include all the cash sitting in your checking and savings accounts, as well as all other easily liquidated money market funds.

But instead of letting the excess money you have sit in your central checking account, transfer the difference into a high - yield online savings account like ING Direct.

However, if the money is sitting in a no - yield checking account, you'd be wasting the chance to earn interest.

In theory, the idea makes sense: Instead of having a checking account balance just sitting around doing nothing, that balance could be helping to reduce the interest owed on your mortgage.

However, the cost of it sitting in a 1 % checking account compared to a slightly less liquid higher paying alternative could be eating away at your future wealth.

Although Scott recommended getting your bonus out of your checking account and into savings, you don't want to leave the cash sitting in a low - interest account if you already have three to six months of expenses saved up.

Since most checking accounts offer little to no interest, high - yield checking accounts are a great way for you to maximize the money that typically would just sit in your account without earning interest.

If you don't pay them off and let the money sit in an account, you have no returns because the interest rates for most saving and checking accounts is negligible.

That said, don't actually regret it and now I do have the money sitting right in my bank account to just write a check the moment that I need it.