We do all of our budgeting with virtual accounts. But I can see where real accounts could help if you struggle with discipline.
As far as when it’s worth it: most bank accounts are $5 or less per month for bank fees. Our bank is $2/month for checking accounts, and that’s just if we opt for the paper statement each month. So, it’s kind of a no-brainer if it looks like multiple accounts could help you stay organized better, regardless of your income.
