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Reply to "What does "saving" mean?"
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[quote=Anonymous][quote=Anonymous]I have: --retirement savings (automatically deducted from my paycheck into TSP plus some other stuff) --college savings (auto payments monthly to a 529 account) --emergency savings (a general amount I try to have safely stashed somewhere pretty accessible and that I work on rebuilding if I tap it for any reason.) <b>--short term savings (I actually keep this in the same account as my emergency savings so it's just a mental difference. I add to it as often as possible (I used to auto-deposit but had to stop temporarily and am hoping to restart soon) and I use it to pay for stuff that isn't part of my regular budget like vacations or other large purchases.</b> [/quote] That last part is what I am usually thinking about when I say I "save" $x a month. Retirement and college is out of sight, out of mind and the emergency fund is generally stable so I don't need to add to it. [/quote]
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