Two bank accounts

mollykins | 12:13 Wed 29th Dec 2010 | Business & Finance

65 Answers

I finaly got the bank account problem sorted, and I now have access to both of my accounts. But whats the point in having two and when i get money which do I put it in? For example I have christmas money I want to save up, but which account do i put it into?

The accoutn i've had since a baby has money left to me in wills and brithday and christmas money in it up until a few years ago, the newer one has money from more recent birthdays and christmasses.

What should I do? In terms of where to put my money in future, or now they both belong to me properly, should I put all of my money into one account?

finacial records

annuities or pension

Answers

61 to 65 of 65

First Previous 1 2 3 4

Best Answer

No best answer has yet been selected by mollykins. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

society

Don't mind these people who don't understand you, best of luck Molly,

When your mum and dad are short of cash and need some in a hurry, offer to lend them some with paid-back interest.

mollykins

Question Author

When he realised how much I have, dad wanted me to lend him the 4k to buy a boat with!

boxtops

Phfaw, you hang onto it, molly, it's for your future!

mollykins

Question Author

And anyway he wouldn't have the money to run it, after buying it, you have to pay the broads authority (like a road tax), then for mooring, and petrol/diesel, and maintenance . . . .

society

Oh, and have them sign a contract before lending out your money. This way you have proof that they agreed it was a loan and they have to pay it back.

61 to 65 of 65

First Previous 1 2 3 4

Do you know the answer?