How many bank accounts do you have? One? Three? Did you know that having multiple different bank accounts can actually help you manage your money more efficiently?
Why have multiple bank accounts?
* Keeps your money organized.
* Helps you avoid overspending.
* Reduces finance-related stress.
Think of this as your main operating account
The next important bank account you should have is a savings account.
Money market account
A great place to store your emergency fund!
Opening these three types of bank accounts is a great place to get started with a multiple account type of system for managing your finances!