Over the last couple of years I’ve become a big fan of setting up separate savings accounts, or sub-accounts, for saving towards a specific goal. As a visual person, it helps me to see a goal description and a balance … Continue reading
When it comes to saving for emergencies, I subscribe to the theory “out of sight, out of mind.” Saving money with one of the best online banks helps to protect me from myself, as a recovering spendthrift. Our emergency funds … Continue reading
My grandmother was a prodigious coin saver. I remember one summer when I was about ten years old helping her roll dozens of rolls of coins. Sensing I was getting a little bored making my piles of fifty pennies, she … Continue reading
John writes in with a question about parking medium to long-term savings for a car replacement fund. Here’s my situation: my car is 7 years-old with only 60,000 miles on it. It’s in good condition and definitely dependable; I plan … Continue reading
Fortunately for savers, banks and brokerages have made it much easier to put savings on auto-pilot than it used to be. Before the days of online savings accounts and ACH transfers people actually had to sit down and write a … Continue reading
