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How do you have your bank accounts organized / set up?
Hey guys
I'm wondering if there is a way I can increase my efficiency or improve my money management system the way it is. For those of you that have full time jobs (non real estate) and do this on the side - how are you managing your accounts?
Right now I have my direct deposit going into a Bills account, from which I pay off my credit card every month and pay my primary mortgage and all fixed expenses like utilities. I do all my spending on my credit card. I also have a rental account in which I have my roommate deposit via check into every month. I have 5% of my paycheck going into an investment account at fidelity and everytime I have XXX amount of surplus dollars after bills are paid I send this money to my fidelity investment account.
I am looking at acquiring another property and feel like I can improve my system.