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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Retirement Investing
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Author: bacon   😊 😞
Number: of 1282 
Subject: Re: Savings account rates
Date: 03/17/23 9:22 AM
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I think banks are a terrible place to keep cash in any event beyond enough to cover monthly expenses and for planned expenses two-three months out.
I'm with Wells Fargo because I have my mortgage with them and that and my checking account and savings account linked, which gets all my monthly fees waived. Money that gets transferred into my savings account gets transferred back into my checking when the savings account has grown to a low amount determined by me.

I'm looking at a local credit union for when I finish paying off my mortgage.

Eric Hines
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Members reply directly to bacon here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 1,215 posts about Retirement Investing. The article-length ones it recommended most:
The Case for Long-Term Buy and Hold Investing · 49 recs · 2025
Transferring assets to the next generation · 20 recs · 2025
Retirement Year 8 · 17 recs · 2025
(nearly) year one of retirement has been good · 11 recs · 2026
Buying Treasuries Via Vanguard · 10 recs · 2023
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