 TITLE: Should I Have Multiple Bank Accounts? CONTENT: How Many Bank Accounts Should You Have?\n---------------------------------------\nHaving multiple bank accounts can be beneficial, but how many you decide to have depends on your situation and goals. At the very minimum, it's a good idea to have at least one checking and one savings account.\nBeyond that, consider your money management goals. If you have several short-term savings goals, such as building an emergency fund and saving for a down payment on a house, consider opening a savings account for each one to make it easier to track your progress.\nIf you like the benefits that a particular online checking account provides but you also want to be able to make cash deposits, you may be out of luck since many online banks don't offer that option. Getting an additional account with a traditional bank or credit union can give you that ability.\nTake your time to consider your situation, your preferences and your goals to determine how many bank accounts are right for you. END