I love the video and how thoroughly you explain everything! This method is most similar to how I manage our household finances. A couple of things I probably do differently are use credit cards that offer rewards to pay as much of our bills as possible and use my bills account to pay off the cards in full each month. I also have several high yield online savings accounts with Capitol One that I use as sinking funds (home repairs, auto repairs, braces, vacations, etc) and one 6-month emergency fund.
Great video! I'm doing this now. I hate it when jobs only allow one account to deposit in. Please do the savings account video. You're so pretty and thank you for sharing!❤
You've answered my initial ? but my other ? is can you have two different debit cards for the same bank? If not, then you might have to carry that debit afterall
So if I have a couple checking accounts at the same bank, what are you actually advising, to not carry around the debit card? What about being able to access your everyday spending cash, do you just have cash on hand? What are you saying?
What do you think of bank account budgeting? Would you try it or do you have another backup option? If so share.
😂😂😢😢🎉😢😊😊😊😅😢
I think it’s a great idea! It’s kind of like the cash envelope system but no cash. I prefer it this way, so the money is where it needs to be.
This is the only way budgeting works for me, and give me so much confidence instead of anxiety around money
I love the video and how thoroughly you explain everything! This method is most similar to how I manage our household finances. A couple of things I probably do differently are use credit cards that offer rewards to pay as much of our bills as possible and use my bills account to pay off the cards in full each month. I also have several high yield online savings accounts with Capitol One that I use as sinking funds (home repairs, auto repairs, braces, vacations, etc) and one 6-month emergency fund.
Great video! I'm doing this now. I hate it when jobs only allow one account to deposit in. Please do the savings account video. You're so pretty and thank you for sharing!❤
Solid advice here!!!
This is my favorite thing!!!
I love it! It makes life so much easier.
You've answered my initial ? but my other ? is can you have two different debit cards for the same bank? If not, then you might have to carry that debit afterall
So if I have a couple checking accounts at the same bank, what are you actually advising, to not carry around the debit card? What about being able to access your everyday spending cash, do you just have cash on hand? What are you saying?
Multiple checking and savings accounts is the way to go.
I just opened another checking account so I can separate bills from spending money and I opened a savings with the same bank so that I can save.