Tracking income
Tracking income

Hello, I want to have a separate bank account for my small business (selling candles from my home), but I don't want to pay to have an extra bank account.

I'm thinking of using a spare savings account, and having etransfers purchases deposit into my savings, and pay my visa bill for buying candle supplies from this account (I would have to transfer the money from the savings to my personal chequeing, and then pay from that account to avoid fees). That way I can keep track of my exact income/spending on supplies, but don't have to pay for a new account.

Any ideas/suggestions?

submitted by /u/bb_226
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