2023 Savings Challenge
Re: 2023 Savings Challenge
Florida, YES...I think opening a savings account at a different bank or credit union and doing that is a good idea. Currently I transfer money from my checking to savings (same credit union, accounts are "tied" together) but that makes it too easy to transfer it back and/or fritter it away.
"All his life he tried to be a good person. Many times, however, he failed. After all, he was only human. He wasn't a dog."
Charles M. Schultz
Charles M. Schultz
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- Posts: 484
- Joined: Sat Sep 19, 2015 8:41 pm
Re: 2023 Savings Challenge
I have savings and checking at the same credit union, but I also have Clubs attached. I have Escrow, vehicle, vacation, inheritance, Mom. Each club has a purpose and I don't borrow from them. I do transfer money back and forth from checking to savings sometimes, but not my Clubs. DH and I always put a memo on any withdrawal from a club so we know what the money was used for.
This might not work for all, but it does for us.
Julie
This might not work for all, but it does for us.
Julie