<prompt> Human: Basically wanted to be able to accept checks in a business name and so a new account was opened at the bank after registering the name with the state. Didnt want two seperate accounts so closed my personal account and played naive like the banks would tell you if thats a good or bad idea.Anyway havent done any work in the past year and just been loafing around but still use the business account for everyday purchases and such. why or why not is this a bad idea.Assistant: Bad idea because you are mixing your business finances with your personal finances. Human: so its illegal to buy something for personal use with a business account if your the owner? or its just im lining myself up for possible future frustrations with this practice?  <response>: Honestly, it will prove to be more of a frustration than convenience. As a general rule of thumb, you always want to keep your business expenses away from your personal expenses.Take a read here: 