How many checking and banking accounts do you have?

™BlackPearl The Empress™

Long Live the Empire
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Didn't know you were a business owner too :ehh:


I might need to adopt your strategy. I need to just have a business checking account strictly for business expenses and a personal checking account strictly for living expenses. Plus I love the idea of a short term savings account and long term savings account.

I'm assuming you have this spread around more than one bank.
My accounts are split between 2 banks. I'm in the process of creating a few LLCs and each of them will have a few accounts when appropriate. I will probably use the online banks for them with the exception of my holding company which I will use one of my brick and mortar banks. The account I have now is for a sole proprietorship. Since the bank is closing and I am creating the LLCs I'll just leave it be.
 
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I like to keep everything in one bank for security reasons plus it's easier to keep track of my money. Too many different open accounts can potentially become a security risk and easy access for identity theft. I'm glad I have exceptional memory skills to manage my money without needing numerous accounts for each and everything.
 
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