Why 3 Savings Accounts Are Better Than 1

Some of us hoard cash while paying 18% interest on a credit card balance. Others blow through a tax refund as if it were free money when it’s actually a return of our own hard-earned dollars. This brain quirk has a name: mental accounting. We treat money differently depending on where it comes from and…

from NerdWallet
https://www.nerdwallet.com/blog/banking/why-you-need-3-savings-accounts/

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