There is an overwhelming problem of Americans not having enough money saved to cover emergency expenses. Fortunately, there is a solution to which working people may be able to turn that will put them on the fast track to saving. One way to start saving is to open not one, not two, but three savings accounts that will be used to cover three different kinds of expenses or potential expenses whenever they arise. Starting this method of saving is as simple as having a certain percentage of your income deposited into each account. Putting this money into savings accounts instead of your regular checking account will ensure that you will not carelessly spend funds that should really be used to cover unexpected expenses as well as some of your regular bills.
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Build Savings Faster With a Multiple Account Strategy