Two Bank Accounts? No, You may need Four!

http://sgfinancialfreedom.blogspot.com/2009/10/2-easy-steps-to-build-emergency-fund.html


You actually may need four bank accounts.

1 - For living expenses and GIRO

2 - For Emergency Fund (3 months in conjunction with FD period 6/12 months)

3 - For Investment and Trading

4 - Fixed Deposit (Mid Term Saving)

With the 4 bank accounts, you are absolutely clear on the money movement and transactions and also easier to maintain records tracking by downloading monthly statement from the banks.