Once you have money, you want it to grow. That means socking away as much as you can into a high-yield savings account, real estate investments and/or the stock market.
But the percentage you keep liquid and accessible in a checking account can make or break your financial health as well.
A recent report from WalletHub found that choosing the wrong checking account for your situation could cost you $750 or more in fees over the course of a year. These include overdraft fees, the price of new checks, wire transfer fees, out-of-network ATM fees and fees to receive a paper statement in addition to an electronic one.