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[-] bmck@lemmy.bmck.au 2 points 1 year ago

I've been wondering if there's a way to do this with actual bank accounts. I know with ING I can only have like 2 savings/transactional accounts (1 joint, 1 personal).

I'd like to be able to spin up accounts for these categories and use them as the "envelopes" instead of relying on cash.

[-] Taleya@aussie.zone 4 points 1 year ago

Yes.

I'm with bank Australia they let me have as many sub accounts as i please, no fees.

There's savings, bill kitty, rates, honeypot (building a six month expense nest egg separate to savings) car kitty, cat emergencies, house emergencies. Anything left on the main card-accessibile account is groceries and pissing away money. Been running that since the 90's. Works so well husband has been throwing his half in there as well since '07

[-] WendyMsGator@aus.social 2 points 1 year ago

@Taleya @bmck

Partner and I have 2 individual accounts where we get our personal money paid in and a main bill paying account that covers everything not related to personal stuff. We both contribute to the main account and pay out from that each fortnight for our "allowances".

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this post was submitted on 29 Aug 2023
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