"Smoke and mirrors are not the exclusive domain of magicians and fraudsters. These are used by bankers as well."
Dennis Sylvester Hurd (1959- )
It doesn't really matter how little money one has, nowadays it seems as though folks need a whole lot of accounts.
This one is a:
place for small amounts with unlimited free checking and withdrawals
joint one with unlimited free checking and withdrawals
high rate savings plan
$US dollar high rate savings account
joint $US dollar high rate savings
certificate of deposit which will expire next year
certificate of deposit that will expire a year later
certificate of deposit so they can be laddered every three years
mutual fund tax-free, retirement account, and
non-registered tax-free savings account.