David Rankin advises, “If you have direct debits flowing from multiple accounts, it could pay to switch them all to just one account.”
Streamlining your payments makes it easier to pay and track regular or recurring remittances, like utility bills, loan payments, etc. A second transaction account can serve as your accessible source of cash for daily expenses.
How best to manage your bank accounts? Email us at info@sortmymoney.com.au to find out.