As many as 55 million Americans have absolutely nothing saved in case of an emergency. That's because a lot of us leave money in checking accounts although it would better serve us in an investment or interest-paying savings account. Simply put, cash sweeping could be a game changer. That way it's not just wasting away in a low- or no-interest checking account. It's a money management technique that makes sure your money is put to the best use possible. But what is it, and how can it help you grow your money? We may receive compensation when you click on links to those products or servicesĬash sweep accounts are one of the hottest trends in personal finance. This article/post contains references to products or services from one or more of our advertisers or partners.
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