Checking Accounts Are Not Good Savings Tools

Checking Accounts Are Not Good Savings Tools

These days, banks are not paying high interest rates.  According to Money.com, the average interest rate for a checking account in 2016 is .11%.  If you are trying to save as much money as you can, there are better avenues to get a return on your money rather than using a checking account.

If you are having financial trouble and want to talk to someone about your situation, contact our law office at 816-524-4949 or www.Hoorfarlaw.com.

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