1. AvatarChaz says

    I have 2 questions.
    1. My banks (and all banks that I know of) charge a monthly fee to have a checking account and a minimum amount of money that must be in the savings account in order to not be charged.
    I dont have any extra money right now to either pay a monthly fee or have 3/400 sitting in an additional savings account! Is that what is needed for this system to work?

    2. After paying off the 2 savings accoints, and paying my monthly bills, I barely have $400 left for monthly groceries for a fsmoly of 4! What to do?
    Plz advise!

    • AvatarFunCheapOrFree says

      1. Look into online banks. A lot of them have free and no fee accounts with no minimums. Local banks and credit unions can possibly have better programs with multiple accounts as well.
      2. I would start your month by paying your bills/putting money aside for your bills, buying groceries, and then putting any money that you have left into savings accounts. Your savings are important, but so is feeding your family and paying your bills!

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