jim, congrats on finding a system that works for you.
with that said, i just prefer not to have that many accounts that i am regularly accessing. don't know if it's a security preference or laziness, maybe a little bit of both. i have a main checking, secondary checking, local and online savings. yes, the same number of accounts, but it's the frequent access that doesn't work for me.
all pay goes into main checking, and my allowance and grocery money is taken out in cash. cash works for me. roth and savings are taken out of main checking the 3rd of the month and sent to the online account. all bills are paid via the main checking account.
any extra from my allowance is put into 2ndary checking b/c i use that money for extras and/or side businesses, so there's no co-mingling of funds. any money left from main checking at the end of the month goes into the local savings account as a slush fund (aka EF).
|