5 Reasons To Have Multiple Savings Accounts

Here’s how multiple savings accounts can help you reach your financial goals.

Many people think of a savings account simply as a place to stash emergency funds for a rainy day. However, savings accounts are the perfect place to save money for big purchases, such as a home or a car.

Having multiple savings accounts can help you keep track of how you’re doing with your individual savings goals. A single savings account may make it harder to tell if your individual savings goals have been reached.

Source: 5 Reasons To Have Multiple Savings Accounts | Bankrate.com

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