Financial planning: Wealthfront's Path tool (for mobile and desktop) helps people plan for buying a house, retirement, college and
general savings goals.
I'd just apply the principal toward
my general savings goals.
Wealthfront's Path tool helps with financial planning, be it for buying a house, retirement, college or
general savings goals.
Emergency funds are an important part of any budget and should be a separate category from
general savings goals.
Included for each decade are retirement savings targets,
general savings goals and important age milestones in each decade.
Financial planning: Wealthfront's Path tool (for mobile and desktop) helps people plan for buying a house, retirement, college and
general savings goals.
Not exact matches
This is what I did — I opened a
general investment account with the
goal of building «long term
savings.»
When you start to watch how you're spending your money, you can start to make sure you're hitting your
savings goals each and every time (heck, you can start to create
goals in
general).
Start slowly, with our ideas for beginning a
savings plan and
general guidelines for how much you should be setting aside for each of your main
goals, such as a vacation and retirement.
You can set a
goal to save X months worth of expenses as an emergency fund, but the
general savings will be whatever is left over from the rest of your budget.
It then suggests a series of
goals based on your answers, estimating a safety net of three to six months of expenses, a retirement
savings target and a
general investing
goal.
It has all of the benefits you listed, a higher interest rate, AND is more designed to push you to your financial
goals goals rather than being a
general savings account.
So, if you have a
general budget category called To
Savings or maybe a main category called To
Savings with a few different sub-categories like Emergency Fund, Vacation, Christmas, it means that the money is leaving your spending account to be placed into these specific separate «
Savings Accounts» or «
Goals».
Savings accounts in general are an important tool toward reaching your savings
Savings accounts in
general are an important tool toward reaching your
savingssavings goals.
However, it can provide a
general idea for your
savings goal.
For a small fund, I think that's kind of a waste — a
general savings account where you keep your emergency fund plus other, smaller
savings goals is probably enough, especially since you know that you need to keep your hands off of all of that cash.