Different savings accounts

6 Savings Accounts Every Family Needs to Have via @lifeandabudget

There are at least six accounts every family needs to have. Of course, most people have one or perhaps two accounts. However, that isn't enough.

So exactly how many savings accounts should one have? At a minimum, you should have an account for each of your savings goals. Here's what I mean...

@financesreimagined on Instagram: “🙌🏼 Money Accounts where your money can GROW. Which accounts do YOU have? Comment below! 🙌🏼 My tagline for @financesreimagined in my bio is…”

I remember the very first bank account that I set up. It was right after the County Fair. I was 10. If you aren’t a farm kid, the county fair doesn’t mean much to you, but I was a 4-H k…

We have 8 Savings Accounts… and how that turned our finances around. For years and years and years and years, my husband and I struggled to save money. I don’t mean “save money” as in, use coupons to cut our bills, I mean we struggled to build a savings account, an emergency fund… a safety...

Did you know that your savings goals could be pointless if you don’t have more than one savings accounts?

In this article I'll share with you how I organize my bank accounts, what has worked best for my family as we work through paying off our $490k worth of debt, + give you some real life examples to actually help you get started organizing your own bank accounts.

How to make easy money with money you already have 💰 📢 Use a High Yield Savings Account (HYSA) A HYSA has a higher Annual Percentage Yield (APY, or interest rate) than traditional savings accounts offered by most major banks. Think 0.01% versus 4.0%+ (HUGE difference! 😱) Before choosing a new savings accounts, do your research to see if any minimum deposits or minimum balances are required or if there are any account or maintenance fees. *This is not intended to be taken as financial…