What are the pros and cons of two checking accounts?

The pros and cons of checking accounts show that they are useful, but maybe not for everyone. A checking account can easily be replaced by prepaid credit cards and cash in certain situations. read more

The pros and cons of opening a second checking account should be analyzed before you make a decision on whether or not another can benefit you. The pros and cons of opening a second checking account should be analyzed before you make a decision on whether or not another can benefit you. read more

Some financial experts recommend setting up a simple savings account tied to your checking account, while others advocate opening multiple accounts to be used for various savings targets. There are pros and cons to each approach. Of course, a major part of your final decision depends on your financial personality. Questions About Your Savings Habits. 1. read more