with the new year upon us, I decided to revisit the family budget and try to hold us a bit tighter to some of the limits.
I have a clear definition for our savings goals, investment portfolio, etc but I'm curious if there exists something to make some of the goals easier to manage. I'd like to set up temporary savings accounts for specific things. Right now the my wife and I have a general savings fund and checking accounts. I'd like to set up something to build towards other savings goals beyond emergency liquid assets (e.g., saving for a new car or vacation as an example). Does anyone here do that? If so, do you do it personally or does your financial institution have programs to assist?