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Old 02-07-2004, 08:27 AM
Darryl G Darryl G is offline
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Join Date: May 2001
Posts: 8,038
I hate borrowing money and paying interest, so I don't have a line of credit.

I have a business savings account that I use as overdraft protection for my checking account and to cover expenses in case the checks don't come in time. I keep enough in the account to cover about 2 months of expenses and only dip into it when I absolutely have to....I kind of consider it sacred.
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Old 02-07-2004, 09:35 AM
charlies charlies is offline
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Join Date: Feb 2004
Location: earth
Posts: 587
we do the exact same thing darryl, savings overdraft prot for checking. every deposit i make, i put 10% into the savings. at the end of the season, we use this to pay the bills over the winter, and for startup in the spring.
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