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Tag: brokerage account

Cheat on Your Bank—It’s Not Your Girlfriend

February 21, 2023February 21, 2023 Piggy 16 Comments

Did you know you can have more than one bank?

It’s true! And in fact, it could actually be good for you and your financial situation. You can spread your money out among as many banks, credit unions, and investment firms as you like. Fidelity (the act of being faithful, not, y’know, the giant international banking corporation of the same name) counts for very little in the world of money management.

This topic was inspired by some of our wee baby bitchlings agonizing over the idea of spreading their money around to two or—gasp!—even more banks. These aspiring rich bitches came to us, all cute and nervous because they were worried about being disloyal, or even risking punishment by starting a savings or investment account outside of their primary bank.

“Am I allowed to put my money in multiple banks?” they asked. To which we replied: “Cheat away!” As Camilla Parker Bowles-Windsor is my witness, side chicks banks are totally allowed.

It’s one of those things no one really tells you when you’re first getting your adult finances together. Because of course you can use more than one bank!

And in fact, it may even be in your best interest. Here’s why.

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