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Money


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May 15, 2017

Actually, you need 3 savings accounts

  • We treat money differently depending on where it comes from and how we intend to spend it, often to our own detriment.
    • By LIZ WESTON
    NerdWallet

    iStock photo
    Naming your saving accounts — “Italian vacation” or “new house” — may motivate you to save more.

    Some of us hoard cash while paying 18 percent interest on a credit card balance. Others blow through a tax refund as if it were free money when it's actually a return of our own hard-earned dollars.


     
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