The owner has blown and additional money that comes in from the business… they have no other accounts, no savings and pay for their expensive life style from the accounts until they’re is nothing but a couple thousand left. This post was for pure entertainment for me because I know this is not good at all unless they actually had money sitting somewhere which they don’t…

not enough info to say if it’s good or bad.

using my own experience as example. I have my business set up as s corp so i set my own wage as an ‘employee’. i set my wage so that my business checking account has just enough money so that there is no cash flow problem but not to the point business checking account starts accumulating money in there.

I don’t use business savings account. I actually don’t know why a business would need that.