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Money Advice and Banking Tips

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Dumb Little Man has a really well thought-out and laid-out piece about how he handles banking. He says it’s not necessarily the “best” way to bank, but it’s his way. Of note in his system:

  • 3 Bank Accounts- one for direct deposit, one each for his and his wife’s expenses.
  • 2 Back-up/Emergency fund vehicles – a money market and a CD.
  • Investments via matches.
  • Business Accounts.
  • Bill Paying via Quicken.
  • College Funds.

I like the information, especially since I’m really bad with money. Give it a read, and add your tips. I’m always up for new finance tips.

How I Bank and Manage Cash – [Dumb Little Man]

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