Start Saving Smart in 2025! | How Many Savings Accounts You Need

[@BudgetingJustBecause]

Thank you so much for 6K Subscribers!!! The Road to 10K by May continues. Let’s do this!! If you’re not subscribed, I would love for you to join my community. We have a great time. I appreciate your support! geni.us/SubscribeBJB

[@M1999-v4v]

@@BudgetingJustBecause I will subscribe to your channel. ❤️ I wish us both success and nothing but the best.

[@BudgetingJustBecause]

@@M1999-v4v same here 🫶🏽

[@catherineh2630]

You are a great teacher! Thank you for the information! I would love separate accounts for each fund, but I bulk some of the funds together. I have 3 bulked sinking fund accounts and an emergency account. I think I’ll start a couple more high yield accounts. “Somebody knock on wood for me” 😂😂

[@BudgetingJustBecause]

@@catherineh2630 knocking on wood now lol you got this!

[@LesleyJeffery]

Great video thank you. I’ve realised I need to be looking forward now to 2025 and making some readjustments. Seeing someone else’s set up is very enlightening and motivating! Best wishes! ❤

[@BudgetingJustBecause]

Thank you so much. You got this!

[@africanqueendiva8858]

Bravo!! I see myself as a seasoned budgeter, but I have absolutely been enjoying these series of videos. I have 8 savings accounts but recently closed 2. I have my primary account, a bills account, an emergency fund, and a HYSA where I keep all of my sinking funds. I would go absolutely crazy if I had that many accounts. Budgeting is personal we each have to do what works for us. Again, AWESOME series of videos!!

[@BudgetingJustBecause]

@@africanqueendiva8858 totally agree. Thank you so much for watching!!

[@kimberlyarlynda]

0:49 i have 3 so far and i am very new to budgeting sinking funds

[@BudgetingJustBecause]

Hi Kimberly you sound like you’re on top of things!😊

[@M1999-v4v]

Wow, sis you got more savings accounts then me and I am an author, publisher, screenwriter, filmmaker, small business owner, and I am a bookkeeper. I am also planning on becoming a landlord and bookstore owner. 25 savings accounts? I only got 4 savings accounts two are my personal accounts for Bank of America and the other is a credit union. Bank of America's business account is for the money I make from the movies that I make and the credit union is for my small business account. If you got 25 savings accounts then you're a real boss. That's a lot of accounts. I like this rapper he's worth more than a million dollars and I don't think he even has more accounts than you do and he has houses in every state, he's worth like $70 million dollars.

[@BudgetingJustBecause]

@@M1999-v4v watch my video on sinking funds and you’ll understand why 😊

[@BudgetingwithTracey]

😊😊

[@savingwithvane9093]

Hello Kris.. Thanks for going into detail about accounts we should have... great to earn money thru hysa w no fees...this year hasnt been good financially for me as i thought it was going to be for me to save...but hopeful next year will be a much better year for me n ny family....yes to reaching ur goal of 10k by next year ❤ 13:45

[@BudgetingJustBecause]

@@savingwithvane9093 here’s to a better year ahead 🥂

[@priscils6642]

Great video Chris. I use capital one also & was able to set up my HYSAs, using that tutorial video that you did some time ago. It was very helpful👍🏽

[@BudgetingJustBecause]

Yay!!! That’s awesome!!

[@nomaam5891]

This video reassured me that I am on the right track with my savings. Thank you!

[@BudgetingJustBecause]

@@nomaam5891 yes love to hear that!

[@siakelley2345]

I have 3 funds set up

[@rowoods652]

Great information. I have 4 savings accounts and I thought I had too many. This is so information is so helpful, you answered several questions I had and was never able to get an answer until today. Thank you so much!

[@BudgetingJustBecause]

@@rowoods652 awww you’re welcome

[@SPCHANGES]

Good afternoon. What a great video. Loved the breakdown

[@BudgetingJustBecause]

@@SPCHANGES thank you so much 🙏

[@RosieLindsey-bq9tb]

Regarding previous conversation extra push I needed 😊

[@KaySoBlessed1]

Hi Kris!😊

[@BudgetingJustBecause]

@@KaySoBlessed1 heyyy 👋🏽

[@dee-clutteringqueen5881]

New subbie 😊

[@BudgetingJustBecause]

@@dee-clutteringqueen5881 thank you 🙏

[@desireybrooks8559]

Thank you Kris, hitting goals one by one🥰

[@BudgetingJustBecause]

@@desireybrooks8559 that’s the best way to do it!

[@IDesireeWealth]

Heyyyy Kris... Listening 🎧

[@elizabethjames7216]

Hi Kris, Thank you!! I am saving this video to help me make a more informed decision!!! I am excited for Saturday's class!! 13:46

[@BudgetingJustBecause]

@@elizabethjames7216 yeah you got this!!

[@thehopefulbudgeter]

Great break down! Love this!! ❤

[@BudgetingJustBecause]

@@thehopefulbudgeter thank you 💗

[@jladylove1]

Oh yeah I got all goodies I ordered from you. Going to start monthly savings 2025. Love every thing ❤ thank you.

[@BudgetingJustBecause]

@@jladylove1 yay!!! I’m so happy you got everything 💗

[@jessicapaul5884]

Hey Kris!! Thank you for explaining! All this is stressful to me. I'm trying to save. Didnt know how to set it up. 😊

[@BudgetingJustBecause]

@@jessicapaul5884 I’m sure you’re doing better than you think 😊

[@soniandiaye6207]

Thank you for this video! I surely understand on “How to setup my bank accounts?” Too confusing with only having one account and managing each sinking fund. ❤ Love your content GF! 💕😊

[@BudgetingJustBecause]

@@soniandiaye6207 thank you so much 💗

[@sandrak596]

Hi Kris! Your videos are so helpful. Thanks for sharing!🥰

[@BudgetingJustBecause]

@@sandrak596 hey Sandra! Thank you so much 💗

[@RosieLindsey-bq9tb]

I really enjoyed this video, this has given me the extra push O needed 😊

[@BudgetingJustBecause]

@@RosieLindsey-bq9tb yasss let’s get it!!

[@BudgetStuffSaveRepeat]

This is so on point Kris!! I have so many accounts for my household, but I didn’t have it for my personal blow money.. so once I finish saving up my 15 K this year. My next move is to set up a hi savings account because I definitely spend more when everything is the one big account!!

[@BudgetingJustBecause]

@@BudgetStuffSaveRepeat you are doing so good with your savings!!

[@mariesbudgetinghacks]

So much great information. Thank you so much. See you on Saturday.

[@BudgetingJustBecause]

@@mariesbudgetinghacks thanks Marie 😊

[@CrystalEvans-o7q]

Can you show how to set up zelle with capital one savings accounts?

[@debrasjourney]

So much great information. 💜💜

[@BudgetingJustBecause]

@@debrasjourney thanks Debra

[@FantasyBudgets]

Yes!!!! This video is exactly what I needed. I have been asking the very questions you have detailed here. I cannot thank you enough for this!

[@BudgetingJustBecause]

@@FantasyBudgets of course. I hope it helped 💗

[@rosbudgetlife3324]

Thank you for sharing Kris!! ❤ I enjoyed your video see you next week 13:46

[@BudgetingJustBecause]

@@rosbudgetlife3324 Hey Ro Happy Sunday 💗

[@julieb6680]

I have two savings accounts. So-Fi for annual sinking funds (i.e. Christmas, Car Maint, Birthdays, One Month ahead, vacation). So-Fi allows me to set up individual sub-accounts for each fund as well as set up a goal for each. The other is for a 3-12 month emergency fund.

[@BudgetingJustBecause]

@@julieb6680 yes I love that!!

[@windmillridgebudgets]

Kris, this is solid gold!! 🥰🤗❤

[@BudgetingJustBecause]

@@windmillridgebudgets awww thank you 💗

[@IDesireeWealth]

I thank you for thesetype of videos

[@BudgetingJustBecause]

Awww thank you 😊

[@2DELICIOUS4me]

Vids like this are so helpful😌… Thank you for taking the time to make this!🙂

[@BudgetingJustBecause]

@@2DELICIOUS4me thank you for taking the time to watch 😊

[@izzybreezybudgets]

Great tips

[@BudgetingJustBecause]

@@izzybreezybudgets thank you 😊

[@oldschoolbudgets]

Great advice

[@BudgetingJustBecause]

@@oldschoolbudgets thank you

[@shawyaclarke5952]

Make sure the account is fdic insured

[@BudgetingJustBecause]

Yes good point!

[@IDesireeWealth]

I have cap 1 with 3, I have buckets with Ally and a SoFi account.

[@BudgetingJustBecause]

@@IDesireeWealth nice!!!

[@precious2976]

I have 6 savings accounts but will soon open more.

[@BudgetingJustBecause]

@@precious2976 yeah let’s go!!

[@spf_500]

Oh my I have 25 but only 20 are in active use . The other five I consider lo ng term savings. I also use capital one savings accounts

[@BudgetingJustBecause]

@@spf_500 there’s nothing wrong with that, as long as they serve a purpose.

[@conniekelly-hl5qr]

Hello Kris, Right now I have 3. I am looking to open a HYSA. Just don't know which one I want to use yet.

[@BudgetingJustBecause]

@@conniekelly-hl5qr yes take your time and do your research 😊

[@RoseAngella]

💜

[@Joce123]

Even small banks are failng right now so I have my money split in 5 different banks. 3 of them are high interest savings and I always keep cash on. hand I keep a large gas container full of gas for my vehicle

[@BudgetingJustBecause]

@@Joce123 Always be prepared and I like that gas idea!

[@carolyndalton7775]

✔️

[@rosbudgetlife3324]

Hey Kris Happy Sunday!! ❤

[@sassybeautybudgets4971]

Hi Kris! Congratulations on 6k subscribers 🎉🎉🎉 I’m knocking on wood for you 😂 Great information as always🩵Thank you for sharing 🩵

[@BudgetingJustBecause]

@@sassybeautybudgets4971 thank you for knocking on that wood lol

[@terrynorman1222]

Good suggestions Kris👍🏽👍🏽I have 2 accts but now I’m gonna open 4 more makes sense to seperate some things💪🏾 thanks for the ideas!! Also I received my monthly savings book just started stuffing for Oct???😊😊

[@BudgetingJustBecause]

@@terrynorman1222 yay!!! I’m glad you received everything 💗

[@mindysbudgeting]

I have 6 right now 😊❤

[@BudgetingJustBecause]

@@mindysbudgeting that’s good Mindy!

[@jladylove1]

Kris I was just thinking about asking you about Capital One HYSA. I also have 2 credit cards with Capital One. I have 2 checking. 2 regular savings 1 MM 1 CD all at state CU. I Still haven’t figured out how to open a HYSA at Capital One to make deposits! I don’t think CU has Zella 🤦🏽‍♀️🤷🏽‍♀️HELP

[@BudgetingJustBecause]

@@jladylove1 you can transfer the money from your other bank to Capital One it will just take longer, about 7 days. Capital one now offers places where you can load money. I’m doing a live on HYSA Saturday

[@jladylove1]

@@BudgetingJustBecause ok I'm planning on watching the Live on Saturday.

[@Joce123]

What do you know about philosophy banking and being yield to payoff a 30 year mortgage unless the 9 years or being able to pay off a car loan instead of 5 years

[@BudgetingJustBecause]

@@Joce123 I’m not familiar with that term but willing to learn more

[@rosbudgetlife3324]

I have 3 savings accounts currently but as my sinking funds grow I’ll be getting another account with capital one so I’ll have 1 account and multiple buckets

[@BudgetingJustBecause]

@@rosbudgetlife3324 yeah there you go!!

[@robindouglas1144]

Hello

[@BudgetingJustBecause]

@@robindouglas1144 👋🏽

[@Niensbudget]

This is so awesome to watch! As always a big thank you! 🩷

[@BudgetingJustBecause]

@@Niensbudget I appreciate you watching 💗

[@ITSKARENBABY]

Hey Kris, Love these Great tips as always! I knocked on my wood dresser for you😂😂 I got you! 13:46 Great video as always 🩷

[@BudgetingJustBecause]

@@ITSKARENBABY hahaha thanks Karen 💗