Comments on: Each of My Four Financial Accounts Serves a Distinct Purpose

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Thu, 30 Nov 2017 13:17:02 +0000

In reply to SMM. I think it helps when you have a clear idea of what each account is for and a specific target amount you want in each account. It helps you stick to a financial plan that's unique to your situation. Cheers to a great financial journey in 2018 :)

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Thu, 30 Nov 2017 13:15:17 +0000

In reply to Lynda. Thanks for the kind words, Lynda! It's great to hear you're adding a second savings for specific purposes. I think it does help to have different savings buckets for different savings goals. Best of luck with your savings journey :)

By: SMM

SMM — Wed, 29 Nov 2017 18:58:40 +0000

Pretty much the same purpose – apart from kid’s 529 plan. I do need to work on putting more cash from savings in a brokerage account. I’m planning to wait til 2018 to put more in my IRAs. Good to have a separate line like this though; it gives us purpose. 🙂

By: Lynda

Lynda — Wed, 29 Nov 2017 15:35:17 +0000

Hi, nice post. Pretty much the same as my plan. Working on getting the savings built back up. After the new year I want to add a second savings for travel and home remodeling. using the same savings for to much got me into trouble this year. Your dividends are doing great. I love seeing my dividends grow too. Keep chugging away!

Lynda