LogFAQs > #950695479

Coloradough posted...

But why keep it in the savings account specifically? I keep a cushion in my checking account already

idk, just a slightly higher interest rate, plus I'm bad at visualizing compartmentalized savings in one account so having a second account helps differentiate between my checking money that I use to cover credit card balances and transfer over to investment accounts, and then... a general savings one for other stuff.

Also it did save my ass when I got kidnapped and robbed at gunpoint. I had just received my enlistment bonus but it was all in my savings account. They asked me how much money I had in the bank, I said I had $300, and they only checked the checking account and that was accurate... >_>

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