Is three the magic number? Money magazine is encouraging [1] its readers to find a budget style that sticks, and one of the options is a bank account trifecta. The accounts include two checking and one high-yield savings. Here's the gist of the "bucket budget" way of managing your money, as suggested by Money.

1. "Figure out how much of every paycheck you want to put toward savings. Have that automatically sent to the savings account."
2. "Send the rest of your paycheck to checking account No. 1. From this you'll pay monthly fixed expenses, such as mortgage and utilities; set up automatic bill payment online."
3. "Figure out your monthly surplus in this account after recurring bills, divide by four, and set up a weekly automatic transfer for that amount to checking account No. 2. This is for variable expenses like groceries, entertainment, and eating out."
4. "Two rules: You can't transfer more money over until the next week, and you can't use credit cards."

Do you think this budget style would work for you?

Source [2]