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.