|
View Poll Results: How many Checking Accounts do you have?
|
|
0
|
   
|
1 |
1.02% |
|
1
|
  
|
35 |
35.71% |
|
2
|
  
|
35 |
35.71% |
|
3
|
  
|
11 |
11.22% |
|
4
|
  
|
7 |
7.14% |
|
5 or more
|
  
|
9 |
9.18% |
 |
|
10-30-2008, 03:31 PM
|
#21
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,673
|
Only one chacking account at a bank however, I have 3 MMF that all have checking writing access, but I'm guessing that these would not be counted for this exrecise.
__________________
Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
10-30-2008, 03:33 PM
|
#22
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,139
|
 Quote:
Originally Posted by Nords
Hmmm... sounds pretty suspicious coming from someone who has no fixed address, uses mail drops, and spends a lot of time with surveillance photography equipment...
|
LOL! Voted by mailed absentee ballot too this time!
But the Feds have me pegged! IRS does direct withdrawal from my checking account when I pay taxes. Federal Court in San Antonio was still able to get me committed to jury duty even though they had to delay my attendance.
I'm definitely not "out of the system".
BTW - I DO have a fixed address! A physical (street) address is required for everyone. I just happen not to be there most of the time!
Audrey
|
|
|
|
10-30-2008, 06:28 PM
|
#23
|
|
Full time employment: Posting here.
Join Date: May 2007
Posts: 983
|
One at credit union and one for brokerage account -- would probably do away with the credit union account if it weren't for making deposits from time to time (since brokerage account will not accept third party checks or cash).
|
|
|
|
|
10-30-2008, 06:38 PM
|
#24
|
|
Dryer sheet aficionado
Join Date: Sep 2008
Posts: 33
|
We have 3 "demand" accounts (1 credit union, 2 money market) but only write paper checks on the odd occasion when we cannot use our free, online bill-paying through the credit union. Lots of savings in postage!
Unfortunately, the fields that get filled out on-line, don't allow enough space to put all the information on the check that some entities, such as the IRS and MD tax authority, require. This has resulted in stupid stuff, such as our quarterly estimated tax payments being credited to me (not spouse) even though we file a joint tax return. The tax people didn't see both SSN's on the check, thus, "Hey! Only one of the Feet is paying his/her taxes! Let's send the other one a Threatening Letter!"
__________________
Recycle practically everything.
|
|
|
|
|
10-30-2008, 07:18 PM
|
#25
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,684
|
Quote:
Originally Posted by Own2Feet
Unfortunately, the fields that get filled out on-line, don't allow enough space to put all the information on the check that some entities, . . . require . . .
|
So true. But Online bill pay does make life at least a little better. We use it every chance we get and hardly ever write paper checks any more.
|
|
|
|
|
10-30-2008, 07:53 PM
|
#26
|
|
Recycles dryer sheets
Join Date: Jul 2008
Location: ENE MO - near STL
Posts: 424
|
Just one. USAA FSB
I write very few paper checks. Almost all are either to the school for our son's lunch account or for gifts (birthday, etc.) for nieces, nephews, etc.
|
|
|
|
|
10-30-2008, 08:01 PM
|
#27
|
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,498
|
I have one checking account at a nearby brick and mortar bank.
All of my bills are on automatic debit, except insurance and property tax, both of which I pay online. Last month was typical - - I wrote three checks, all three for groceries.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
|
|
10-30-2008, 11:52 PM
|
#28
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2005
Posts: 1,228
|
I have two. My system for tracking spending is that I use one account for spending only, and the other for transfers between other financial accounts that don't involve spending. Then at the end of the year my spending is exactly the amount that I had deposited into the spending account.
|
|
|
|
|
10-31-2008, 04:56 AM
|
#29
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2004
Location: Mid Hudson Valley
Posts: 1,781
|
Waaaay too many. Before we RE'd, our local business accepted checks from the locals. It was much easier depositing the checks back into the originating banks. The tellers could tell me in advance which checks would bounce. Avoided a lot of bank fees that way.
Slowly getting rid of them...
__________________
In a panamax down by the river.
|
|
|
|
|
10-31-2008, 05:12 AM
|
#30
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,635
|
Quote:
Originally Posted by Gardnr
Just one. USAA FSB
I write very few paper checks. Almost all are either to the school for our son's lunch account or for gifts (birthday, etc.) for nieces, nephews, etc.
|
Birthday and Christmas Checks used to be our mode too. Now since many of the Gift Cards have no fees and never expire I am starting to move to them in lieu of the checks. Like yesterday, I bought 2 for my twin grandsons and in addition to them getting full face value I received $.40 off of a tank full of gas (which I purchased with my PENFED 5% off gas VISA Card) and a $10 instant cash bonus at the food store where I purchased them. Received $117.50 for my $100.00 (17.5% return, instantly).
__________________
Vietnam Veteran, CW4 USA, Retired 1979
|
|
|
|
|
10-31-2008, 06:57 AM
|
#31
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,037
|
2 credit union accounts
1st is my money
2nd is our money for autodeducted household bills
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
|
|
|
|
|
10-31-2008, 07:11 AM
|
#32
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2007
Location: west bloomfield MI
Posts: 2,223
|
Quote:
Originally Posted by free4now
I have two. My system for tracking spending is that I use one account for spending only, and the other for transfers between other financial accounts that don't involve spending. Then at the end of the year my spending is exactly the amount that I had deposited into the spending account.
|
I am doing something similar- all bills get paid thru one account.
Bills that go away, -mortgage, IRAs, cars- are paid thru another account. The goal is to track the expenses in the first account because that is the money which needs to be replaced for retirement purposes.
__________________
Light travels faster than sound. That is why some people appear bright until you hear them speak. One person's stupidity is another person's job security.
|
|
|
|
|
10-31-2008, 08:58 AM
|
#33
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2002
Posts: 1,587
|
Didn't vote but I have 7 checkbooks that access different accounts. Personal accounts cover 3 (a credit union, a bank, a MM sweep from brokerage). Then two on a trust I administer. Then one for the Cub Scouts (treasurer), and one for my son's soccer team (manager).
All this keeps me busy in retirement.
RE2Boys
|
|
|
|
|
10-31-2008, 09:30 AM
|
#34
|
|
Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,339
|
Two, both joint.
One for the credit union where I used to work, also tied to the savings acct. there. The retirement income is direct deposited to the checking and I transfer to/from savings as needed online. Mostly to savings now since I started working again.
The other one we opened just for the local ATM machines - BB&T has them all over around here. Now the income from my job is direct deposited there.
__________________
When I was a kid I wanted to be older. This is not what I expected.
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
