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Dedicated Savings Accounts

January 5th, 2011 at 09:10 pm

I have a general savings account, a "piddly" account (change from my wallet), and a savings account specifically for our trip to Egypt (hopefully 2012).

I have decided to open yet another, and fund it with dollars I don't spend from my "cash allowance" budget item. These dollars are intended to pay for clothing, grooming, splurges, etc. I will open it at Ally. At the moment, I have $63 in my wallet, with 9 days to go until payday. On payday, I will withdraw $80 (as per my budget Smile)and deposit whatever bills I have left. I will then transfer them to my newest savings account. I think this method will help me to not fritter away the dollars in my wallet.

What shall I name it? Helen? No, that seems silly.

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