I will have 2 accounts. My spending account will be my current checking account. Every month, I will pay my bills, and cards. I will then live off of my carry card as I normally do now I will keep $100 in $20s within my wallet. This will be for when a place does not accept Mastercard. The checking account won’t get many checks written out since I don’t need checks now. The only charges that comes directly out of my account will be my card payments, and my rent. Since I will own a house, there is no rent – however I will have property insurance, and property taxes.
I will have more than $250,000 in cash assets. With that said, I will need a Swiss bank account. This account will hold most of my money, and any income generated from my only source of income will deposit into this account. This is not to hide my money, but to protect my money. I will go into more detail with that on another page.