Submitted by Sunset_Bleu t3_z8r8lk in personalfinance
Sunset_Bleu OP t1_iycxu7w wrote
Reply to comment by TyrconnellFL in Question about reserving money for short-term goals by Sunset_Bleu
Thanks for your advice. I know now how much I need to save. I think it would be a good idea to open a separate bank account and just dump the money there. I guess what I really want is to be able to see in the account goal x has 200, goal y has 300, but it sounds like that probably won't be easy to do. I could get around that by tracking manually on a spreadsheet.
TyrconnellFL t1_iyczoeg wrote
Several banks have features that let you subdivide the account for record-keeping with names like bins, vaults, buckets, or pods. Just open one account that can do that.
AirbladeOrange t1_iyd5op9 wrote
Yup — Ally has this feature.
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