Tweet
All our accounts are joint, no matter what they are for.
Check out Tom Copelands blog. He does not recommend a "Biz account" , he said to just use a "personal account" and call it a biz account. (nothing wrong with it, he just does not find a reason to do it unless you have checks written out to a biz name)
Anyways, I checked into my credit unions and neither charge a fee for a basic account. One CU will only do a savings account with no ATM / Debit card. The other one does only checking but puts limits one number of deposits per month. (which I would not be able to go over unless, I deposited daily for every family)
You could use a spreadsheet to keep track of income and expenses.
However, I use Quicken to do all that for me. At the end of the year, I just pull up anything that I tagged as Daycare and print the report.
Check out Tom Copelands blog. He does not recommend a "Biz account" , he said to just use a "personal account" and call it a biz account. (nothing wrong with it, he just does not find a reason to do it unless you have checks written out to a biz name)
Anyways, I checked into my credit unions and neither charge a fee for a basic account. One CU will only do a savings account with no ATM / Debit card. The other one does only checking but puts limits one number of deposits per month. (which I would not be able to go over unless, I deposited daily for every family)
You could use a spreadsheet to keep track of income and expenses.
However, I use Quicken to do all that for me. At the end of the year, I just pull up anything that I tagged as Daycare and print the report.
Comment