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A 24 year old built a $100,000 net worth by a clever savings hack


He hid money from himself by using 2 checking accounts
When he signed on at his job at a consulting firm near Seattle after college, he did something many people don t consider. Okereke had his employer split his paychecks between two checking accounts, after a contribution to his employer s 401(k) program. 
Twenty percent of what I make goes into a checking account that I can spend, he told Insider. It helps me budget because it s a very little amount of my income that s going there. So if I want to buy clothing, I have to have a tight budget. If I want to buy jewelry, or if I need to do maintenance on my car, it all comes out of that checking account, he said. ....

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OnJuno review: high-yield checking account, cash back rewards


No joint accounts
85,000 free ATMs nationwide
Earn 2.15% APY on balances up to $5,000; 0.25% APY on balances of $5,001 to $100,000; no APY on balances over $100,000
Choose 5 companies to earn 5% cash back with, on spending up to $500 per year
Interest compounded monthly, paid monthly
FDIC insured through partner bank, Evolve Bank & Trust
Related
OnJuno Basic is a solid high-yield checking account. There s no minimum opening deposit or monthly maintenance fees. You ll earn 2.15% APY on balances up to $5,000, then 0.25% on balances up to $100,000. Even 0.25% APY is higher than what you ll earn with most
checking accounts
or even savings accounts.
OnJuno has a long list of companies you can earn cash back with. Choose five, and you ll earn 5% cash back on up to $500 of spending with those businesses each year. ....

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