How to Organize Your Accounts - Help

The Three-Account System

Simplify your finances with just three bank accounts, each with a clear purpose. This system prevents overspending, protects your bill money, and lets you spend guilt-free.

Physical separation creates psychological boundaries that protect your financial goals.

How Your Payday Flows

$1,247

Bills Account

Your pay should be deposited here. This is where you pay all your expenses from.

How to Use It:

  1. 1. On payday, check EasierBudget's "Required Balance"
  2. 2. Make your account match that number
  3. 3. Use debit card ONLY for budgeted items (fuel, groceries)

What Goes Here

  • • All automatic debits
  • • Subscriptions
  • • Everything in your EasierBudget
$788

Spending Account

Your guilt-free spending money. When it's gone, you're done until next payday. The card will reach a zero balance so you won't accidentally spend your bill money. Automatic payments never come out of this account so you won't suddenly have less beer money than you planned.

How to Use It:

  1. 1. After depositing for bills give yourself some spending money
  2. 2. Limit this as much as possible by having an accurate Budget
  3. 3. Use this debit card for everyday purchases. Coffee, Beer, Bagels!
  4. 4. Automatic debits NEVER draw from this account.

What Goes Here

  • • Coffee, beer, entertainment
  • • Impulse buys
  • • Any "fun money" spending
$150

Savings Account

Everything left over automatically goes here. Once you've got your budget & spending money calculated, you'll be able to figure out a pretty consistent savings amount for each paycheck.

How to Use It:

  1. 1. Use a High-Yield Savings Account (HYSA)
  2. 2. Don't keep a debit card for this account

What Goes Here

  • • Emergency fund (3 - 6 months living expenses)
  • • Short-term goals (1-2 years)
$309

Alternative Setups (Not Recommended)

More Than Three Accounts: Unnecessary Complexity

Most online banks now allow you to make lots of accounts and people often create 10+ accounts - one for vacation, one for car repairs, one for Christmas gifts, etc.

With EasierBudget you don't need this. It's there to keep track of the individual expenses.

  • • Multiple accounts increase mental load without improving your savings habits
  • • You end up transferring between accounts constantly
  • • In rare cases you may end up paying more in fees

Keep it simple: Let EasierBudget track the details.

Two Accounts: Higher Risk

Combine Bills + Spending into one account, keep Savings separate.

Critical Rule: Balance must NEVER drop below your "Required Balance"

Only works if you have exceptional self-discipline

One Account: Not Recommended

Everything in one place. No interest on savings, high risk of overspending on bills money.

Frequently Asked Questions

What if I don't get paid enough to cover the 'Required Balance'?

Insurance and phone bills are usually the lowest hanging fruit where you can cut. But if you've cut all you can cut and still don't have enough, there's no magic budget that's going to help you. You either need to a) make more money or b) have less bills.