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colebug_gw

Saving for multiple goals

colebug
17 years ago

Currently I am working on financial planning for my family. There are several intermediate-range goals that I would like to save money towards such as a car, some property and an upcoming remodeling. I would like to keep three running totals so I can plan to put, for example, $200/mo away for the car, $500 away for the property and $100 away for the remodel. That way when we reach the goal amount, we take action on that item.

How do others track savings for multiple goals? Multiple bank accounts? Can quicken do something like this? Other ideas?

Thanks.

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