Having more than one savings account lets you budget for specific goals. So, beyond your emergency savings account…what are you budgeting for? Give those accounts names that help you keep your eyes on the prize? Maybe you’ll name one ‘vacation fund’ or ‘Peloton bike’ or ‘kitchen remodel.’ Having an individual account for every goal allows you to earmark funds for those goals, and keep them at the forefront of your mind when you feel like splurging in the wrong direction.
Mandy’s Fabulously Frugal Fact of the Day is brought to you by…
Old World Deli is Bellingham’s authentic delicatessen in the European fashion! You can dine-in, shop the market, and order wine, meat, cheese, and groceries for pick up or delivery! Order online or visit them at 1228 N. State Street in Bellingham! Check out their daily specials on Facebook to save money on your lunch or dinner.