The average person just has one bank account where he/she manages all his/her wealth in which I personally find to be a very daunting task for two main reasons.
1. You are likely to mix up your home expenses with investments and that is just a headache to manage.
2. You will easily be tempted to spend all your money in the bank account (unless you are very disiplined) and you don’t put investing on your list.
Now, look I know its not impossible to manage both investments and personal expenses together, you could still do it, but why hassle yourself when you could go and do something better? [Read more…] about 2 for the Money