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Money and Finances
Reply to "I want to save half my income"
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[quote=Anonymous]I also have multiple savings accounts for different purposes - emergency savings, short term savings for extra repairs & vaca costs, one for saving for a new car. My bank doesn't care, and on-line I can easily see (and label) all of them. In any event, one way I do forced savings is to have all my reimbursements (essentially, any check I receive) put into my short term savings account. So reimbursements from work for cell phone and transportation, and from my health insurance company if I pay out of pocket and submit for reimbursement, and from my company's cafeteria plan. Since I set aside the max for childcare & medical in that, I can save about 10K/year this way.[/quote]
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