| Pretty common in the US verses the EU/UK. The basic middle income set would be: A checking account
A savings account (might be at the same institution as the checking, might not) From your employment you may have. - A 401k Account
- A Health Savings Account (HSA)
- A Health Flexible spending account These will be at whatever institution your employer uses. As these change every time you change jobs you might have multiples of these in play unless you are diligent in rolling over and closing old accounts. You also might have: - Individual Retirement Account (possibly two, one Roth, non-Roth)
- College Savings Account (if you have kids and want save for collage in a tax friendly way)
- Money Market/Broker account for stocks etc. If you live in a community property state then you probably have a second set of some these so you that you don't mix individual assets with community assets. Market consolidation has made it easier to go with an single provider for a lot of the above, but it's still busy work keeping on top of everything. |