Lots o’ Bank Accounts?

Hey guys!

Sorry its been a few days.  So- for quite a few months now I’ve been an avid reader of a financial blog written by a twenty something year old entreprenuer named Neville Medhora.   Well yesterday he posted a, well, a post that has me thinking.
I’ve always been an avid follower of Dave Ramsey’s envelope method.  If you’re not familiar with it, its very simple.  When you make money, you cash it and divide it up among envelopes labeled for certain purposes.  For example, I have an investments envelope, a vacation envelope, a taxes envelope, etc.
Well, Neville in his infinite wisdom has advised opening up separate checking accounts within the same bank for this purpose.  He has a general account into which all of his income is immediately deposited and then disbursed throughout the rest of his accounts.  I have started looking into how cooperative Wachovia is with this sort of method, and they do something pretty neat!  They  allow you to nickname your accounts, so that from your online banking its all very simple and easy to see.  You can also set up auto-transfers from one account (your general account) to another (say, your savings account!).  A great way to make sure you’re saving at least a minimum amount each month!

So I’m going to end up in Wachovia again this week to make a few deposits and make sure all is well with this idea. 

Also!  Tuesday night was our first XZone of the year!!!
It was insanely awesome! Our leadership team is INCREDIBLE and the kids were so well behaved!
I’m very very excited to see how God uses this year!