Now that you have a brand spanking new budget what better than to organize your savings by opening three new instant savings accounts to celebrate? This will allow you to keep track of how much you have saved up for each goal and means that you won’t ever get the purpose of which monies are for which goals confused and thereby leaving you short changed for completing a goal.
I personally have five savings accounts and they are named:
- Car Savings (for my insurance, MOT, services and maintenance)
- Peter Trip (money to see my boyfriend as we live long distance)
- South Africa
- Website (stay tuned – they’ll be a big redesign next year!)