One of the best things you can do with a savings account is forget about it. If you don’t think about it, you can’t spend it. It’s there when you need it, and it’s earning dividends the whole time. However, like with most good advice, there can be a flip side.
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There’s lots of talk in the world of personal finance about how to best manage a savings account, but what about our checking accounts?
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In late July, Capital One Bank announced that 106 million of its card holders had their data compromised in a massive breach. Among the victims, 140,000 customers had their Social Security numbers swiped and approximately 80,000 had their linked checking account numbers stolen.
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