How Dividing Your Savings Can Help You Reach Your Goals
If you're like most people, you work toward several financial goals simultaneously, yet you keep all your money clumped into a single savings account. But this approach can have some drawbacks. Among them, a single account makes it difficult to track how much is earmarked for each particular purpose, or whether it might make sense at any time to "plunder" the savings for one goal in favor of another.
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