This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
Having multiple bank account is a complete waste of time because the same way I am controlling the money in one account is the same way I'm going to control the money in different account which doesn't make any sense.
It depends on the kind of transaction you are doing that will required to have multiple accounts for different purposes. This is so that you will not have things being mixed up when you are trying to do your accounting.
From the way I manage my single account, it can be able to do whatever I want when it comes to the money that comes into the account. Also, I have an unlimited amount of money that can come to my account.
I am only operating one account which is a savings account. I'm getting a good interest on the money that I save in my bank account which is why I don't want to have any other account apart from a savings account.
As long as one bank account is going to be efficient and carrying out your transaction activities, there is no need for you to be opening up multiple accounts.
