Your banks, your accounts... Whats your set-up?

2,674
31
Joined Nov 25, 2001
Okay so I am thinking about looking into how I have my bank set up. Trying to structure things a little bit better, so I don't have to much activity going on in one account. I was wondering if any of you guys had any advice. How do you set up your accounts and keep things organized? I am thinking about having an account and card specific for online buying, but I want to see how other people do things.

Current set up:

2 x Banks

Bank 1:
1. Checking B- Bulk saving
2. Checking A- All daily spending


Bank 2:
1. Checking - Additional funds (rainy day)
2. Investment fund
 
9,264
58
Joined Jun 30, 2003
2 bank accounts ... 1 for saving ... 1 for bills ...

the savings i use for investments, and maintain the rest in cash
 
11,315
57
Joined Dec 29, 2004
3 accts..
1. WF for spending, & short-term savings for bigger spending 


2. Chase (
) for bills (everything is auto bill-pay.. really convenient)

3. long-term savings w/ some online bank..
 
2,674
31
Joined Nov 25, 2001
proper english, thats the route I think I am going to take. one bank for the big stuff, one for the small stuff and
 
269
11
Joined May 24, 2007
2 Banks
CIBC
1 - Chequing (everyday spending)
2 - savings higher interest savings acct

TD
1. Mutual fund term deposit
2. USD bank savings acct

Canadian BTW
 
2,439
25
Joined Dec 18, 2008
1 BOA checking and 1 savings both connected. savings stays at $20 lol for no reason at all, and i u8se checking for everything else
 

INTLplayers

formerly xcg11pinoYx
4,572
184
Joined Oct 17, 2003
No question you should have multiple accounts especially if you are involving online transactions (shopping, ebay/paypal etc etc)

I have 2 checking accts..one for the bulk of my income and the other for online specifically..looking into opening another one specifically for daily use, because I'm the type of person to not always carry cash.

Also a savings acct.
 

MetalMario

formerly m4riol
Supporter
10,817
6,659
Joined Sep 24, 2008
Originally Posted by sheistbugz

1 BOA checking and 1 savings both connected. savings stays at $20 lol for no reason at all, and i u8se checking for everything else
same but a random $25 in my savings
 
Top Bottom
  AdBlock Detected

Sure, ad-blocking software does a great job at blocking ads, but it also blocks some useful and important features of our website. For the best possible site experience please take a moment to disable your AdBlocker or head over to our upgrade page to donate for an ad-free experience Upgrade now