The first account is what I call a revolving account. As money goes in it comes right back out. This cash account is setup to cover all your monthly bills. It should always be funded with enough to cover those expenses and a little extra for those months where expenses are a bit higher. You will know you need a second cash account when you have so much extra in this account with no purpose being served for it.
The last account is an overflow account. If all your bills are paid, the second account is fully funded for emergencies then whatever left over every month can pile up into this account. Over time you may decide to invest with this money in things that will allow your money to grow.
If you don't have these accounts currently in place then no worries you can start working towards that goal today. Remember " A mind that decides to change today can now make necessary changes everyday." Therefore every new day is an opportunity to change and grow.
Well thank you so much for reading and I hope you have a wonderful blessed weekend!
Shirt: Antonio Melani
Shoes: Sam Edelman
Clutch: old similar