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Maximum number of accounts?
August 24, 2022
8:42 am
8:42 am
johndeere768
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August 24, 2022
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Dean
Valhalla Mountains, British Columbia
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HermanH said
What is the benefit of having so many accounts?
The most common reason is described by the term; 'Envelope Budgeting'.
Link ➡ https://www.investopedia.com/envelope-budgeting-system-5208026
I don't use it, but many do ... including my son. By using multiple SAs (instead of actual envelopes), at least you earn a little interest along the way.
- Dean
" Live Long, Healthy ... And Prosper! "
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