Living In Financial Excellence Episode 12: What bank accounts you really do need (and don’t need). June 16, 2010.
I get asked a lot about how many checking or savings accounts we should really have and what each account is really for. Janelle and I answer those questions and more in today’s show. Don’t forget that the L.I.F.E. Ladder is the foundation for applying the information we discuss today. If you’re not following the L.I.F.E. Ladder, you may not want to listen to our advice.
Show notes:
- Our current economic situation and housing industry crisis is a repeat of history. This isn’t the first time it’s happened but we never seem to learn our lessons and avoid the mistakes of the past.
- The main accounts most of us have are personal checking and savings. We cover what types of expenses should be paid from each account. read more
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