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Serious African American couple discussing paper documents, sitting together on couch at home, man and woman checking bills, bank account balance, terms of contract, mortgage, loan agreement.

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But if its all in yourchecking account, it can be.

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The problem doesnt come from having too much money it comes from where it is.

If you have all of your money in a checking account, youre doing yourself a huge disservice financially.

In that sense, having too much money in your checking account is a financial planning no-no.

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And many checking accounts pay no interest at all.

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