Is there a savings account that will let you organize and allot the money in your account in different ways?
July 29, 2008 by admin
Filed under Questions and Answers
T asked:
For example, say I have $5000 in my account. I want to save $3000 toward a new car, $200 towards a new TV, $1000 towards a vacation…etc. Then as I add money I can allot it toward one or more of those goals. I am considering up a couple of savings accounts to do this, but it would be easier with just one account.
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For example, say I have $5000 in my account. I want to save $3000 toward a new car, $200 towards a new TV, $1000 towards a vacation…etc. Then as I add money I can allot it toward one or more of those goals. I am considering up a couple of savings accounts to do this, but it would be easier with just one account.
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MadMan on Tue, 29th Jul 2008 4:06 pm
You will need separate accounts for this. Of course, you could just use one account and keep track of the amounts for the separate uses.