Setting up bank accounts for budgeting

[Mario F.]

Hello, I've recently read the Millionaire Real estate Investor and loved the budgeting ideas that were suggested in the book.  So I went to the bank today to create three new savings accounts for donations, vacation, and play. I already have a main checking account and another savings account dedicated to my investment contributions.  I've been using Chase for all my banking for years but don't like how they are charging me penalties every time my savings accounts go under $300.  Is there a better way to manage savings and budgeting without dealing with penalties like this? My business account can't go under 1500 without getting a penalty. What do you guys think?

thanks

mario