Savings accounts and loans
Even though I have two checking accounts, I really need to also open a savings account. My bank now offers a health savings account and it might not be a bad idea for me to enroll in that myself. I am also thinking seriously of opening a savings account in a different bank. It's the one McDonald's uses for banking and they are very friendly toward employees.
Would two savings accounts be too much, do you think? I'm thinking that even if I just deposited five or ten dollars each payday, then left the money alone, I wouldn't feel the pinch so much and I'd still be further ahead than I am now.
I've already opened a checking account that I consider to be mostly a business account. I use it for my sideline businesses and online business. Even my bank advised that it's a good idea for me to have a business account separate from my personal account. An interesting article entitled Should I Open A Business Account?" can give you helpful information if this seems like something you should do as well.
In order to protect my interests where my car is concerned, I recently signed up for a payment protection plan that pays the car off if I'm in an accident and the car is at least 70% totaled. It's an additional $3 a month. I wish I could get an actual Payment Protection Insurance plan in case I were to be out of work for some reason. I really should ask my insurance provider about that. I'd hate to lose my car because I got too sick to work or there was a cutback in my job of some kind. Either one could happen, you know.
I probably need to be more aggressive when it comes to protecting myself where loans and savings are concerned. I think I've been too lax about them both lately.
What do you think? Do you have this kind of protection on any of your loans?
Would two savings accounts be too much, do you think? I'm thinking that even if I just deposited five or ten dollars each payday, then left the money alone, I wouldn't feel the pinch so much and I'd still be further ahead than I am now.
I've already opened a checking account that I consider to be mostly a business account. I use it for my sideline businesses and online business. Even my bank advised that it's a good idea for me to have a business account separate from my personal account. An interesting article entitled Should I Open A Business Account?" can give you helpful information if this seems like something you should do as well.
In order to protect my interests where my car is concerned, I recently signed up for a payment protection plan that pays the car off if I'm in an accident and the car is at least 70% totaled. It's an additional $3 a month. I wish I could get an actual Payment Protection Insurance plan in case I were to be out of work for some reason. I really should ask my insurance provider about that. I'd hate to lose my car because I got too sick to work or there was a cutback in my job of some kind. Either one could happen, you know.
I probably need to be more aggressive when it comes to protecting myself where loans and savings are concerned. I think I've been too lax about them both lately.
What do you think? Do you have this kind of protection on any of your loans?
Labels: Opinion
posted by Ann crum @ 8:57 AM
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