There will just be the single bank account. This account will be where all of my income will flow into, and where my expenses will flow out of. I will definitely need to learn LibreOffice Calc to keep track of my tax costs, and how much I actually have in my account. By learning Calc, I won’t have to deal with the needs of multiple bank accounts. And while I will technically have an emergency fund, it will sit within my checking account, and sit there. When I start to get close to the $250,000 FDIC limit, I will start to pull money out of my checking account. However with so little generated for income vs bills, I don’t see that happening.