Thursday, April 12, 2007

Bank accounts from the co-operative bank

Sooner or later, i know i have to open bank accounts for my boys. They may be very young now, but it's best we start saving up for their education. I've never been bothered by all these bank accounts matters as i felt they were too confusing for me. So, i left it at that. That was until hubby asked me whether have i opened any for them.

That got me thinking also. For my boys, i think savings accounts will be right for them. As for me, since i run my own business, i think current accounts would be more suitable for myself. It's a more standard and straightforward way to manage my finances. And also more convenient when i need to pay my suppliers.

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1 comment:

Samm said...

I know lerr... so guilty now. Keeps forgetting. And kiddies savings accts yield slightly more interests too, lol. So, i thk what i'll do is prolly open two and put a big fat amt to make up for the losses incurred for the time being and forget abt it. Then top it up once quarterly.

But, i bought the both of them education funds when they were born. If they dun qualify for U next time, ah hah, i'm coming to visit you for a long hol, lol.