I have many financial goals, so instead of one big savings account, I have one for each goal.
Years ago, I heard some advice from a financial influencer that stuck with me: If you have numerous savings goals, set up different savings accounts and give each a name to correspond with their purpose.
I opened up six new Capital One 360 Performance Savings accounts in the new year to help me achieve my financial goals.
TaxesI'm embarrassed to say that I have never set aside money for taxes in all my years as a freelancer.
While I usually had the funds available, peace of mind comes with having a separate savings account to cover taxes.
Persons:
—, I've, It's, it's, I'd, haven't, Sam
Organizations:
Service
Locations:
homeownership