Last night H and I sat down and talked about all the big ticket items that we are planning on for the next 2 years. These basically break down into 3 categories.
1) Security - 6 month savings. 2) Household/family - home improvements, second car, adoption. 3) Fun - travel, entertainment, hot tub.
Our number 1 priority at the moment is getting the 6 month savings back. We currently are at 4 months. However we also want to start saving for the other items as well. Does it make sense to set up 3 individual savings accounts and deposit money into each of the accounts each month with more money going into the securiy account until we hit our goal?