Set up the right bank accounts
The right bank accounts are critical to your financial success, because trying to manage your finances without the right bank accounts is like trying to take care of your car without the right parts. You will need to set up a current, savings and investment account .
These are the building blocks of financial success. It is important to have both a current account and a savings account so that you can easily separate your cash expenses from your long-term savings. If you just leave your savings in a checking account, it’s too easy to accidentally spend your hard-earned savings.