Yes, you sure can, and there are many reasons why it may be a good idea.
From a budgeting perspective, I like it when people have designated buckets for their goals. It helps make the savings toward a goal more tangible than putting all of your savings in one account. For example, let's say you're saving for a car and a vacation. Having two savings accounts for each goal will help you separate your savings, track your progress, and ensure you don't use the funds for one goal to fund another. I've seen some people do the same thing with physical envelopes, but amassing cash for medium and longer term goals is just asking for something bad to happen (fire, theft, etc), so it's a lot safer keeping it in a bank savings account.
The other reason you might want have multiple accounts is for insurance purposes. Savings accounts at banks are insured by the Federal Deposit Insurance Corporation (FDIC). The insurance covers against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government. FDIC deposit insurance covers the depositors of a failed FDIC-insured depository institution dollar-for-dollar, principal plus any interest accrued or due to the depositor up to at least $250,000. If you have more than $250,000 (a good problem to have), you can divide the funds up into multiple accounts and gain additional FDIC coverage. If you have multiple single accounts, they'll all be insured for a total of $250,000, but if you have a single account and perhaps a joint account, each account will be insured for $250,000.
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