We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. A checking account is a ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

I used to treat my checking account like a piggy bank. I'd let my balance build up and get super big because I didn't know where else to save money. Looking for a secure place to grow your savings?

Most checking accounts earn almost zero interest. Only keep the amount you need each month in your checking account. Look for a high-yield savings account, pay down high-interest debt, and open a ...