I read an article today about having multiple savings accounts to boost your savings. The article said you need three types of savings accounts: 1) emergency fund, 2) retirement fund, and 3) for some intermediate goal, such as travel.
Right now, I have such accounts in place. My emergency fund account is at my credit union. My retirement fund is in two different 401Ks, and my intermediate goal fund, for travel or downpayment on a house is in a mutual fund.
So, my accounts are in place. Now I just need to put more money in them!
