Well, since I've been following Mary Hunt's debt proof living, we've got several different "levels" of savings -
* Emergency Fund savings (she calls it a contingency fund - and suggests 3-6 months living expenses)
* Ongoing, but inconsistent expenses (property tax, irregular auto insurance payments, auto repair fund, appliance repair or replacement fund, clothing, home improvement) Each of these are divided into their own category (I have a spreadsheet that I track each account) This is designed to prevent using credit cards for major purchases. I think we'll need to add DS braces funds soon - both of them at once !!
* Dream savings - vacation, retirement home, DH toys (boys and their toys just get more expensive )
* Retirement savings (401k and retirement)

Sounds confusing, but it works for us!

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Debbie

"Watch the pennies and the dollars will take care of themselves." --Benjamin Franklin

We are pouring any extra money into an account to save for a new camper next summer! We sold our old one this summer and started our account with that cash.

a trip to Disney World!

Among the other emergency/college/braces funds.

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"A friend is someone who sees through you and still enjoys the view." -Wilma Askinas

Santa's Helper Contest! Check it out!!!

Paying off credit cards... a van since number three is on its way.. Boooring

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“For beautiful eyes, look for the good in others; for beautiful lips, speak only words of kindness; and for poise, walk with the knowledge that you are never alone.”

We are saving to hire a lawyer so my dh can adopt my youngest ds. We did my oldest last year, and it really drained the savings. It is a step-parent adoption, and we hope to be able to do it before Christmas. He is the only one with a different last name & we need to change that!! save save save

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Laura:love:

We are saving for a small cabin up north so we can get away from work every weekend! Is it bad to say I'm sick of my family and my job!
Putting $50 a wk away maybe when we are 50 we can afford it! LOL!!

...for kids' college education...
...an emergency fund...

but what I really want is a swimming pool!!!

Saving? Extra money? ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ah ah ah ah ah boo hoo..sob...

I'm still trying to pay my medical bills and catch up on a tough year where many things in the home had to be repaired or replaced. Thank God for the 401K - even that had to be put on a diet for awhile.

However, I think if we all stay healthy, next year will be good.

I am saving for vacation next year.

I just heard Howard Dayton, from Crown Financial on the radio talking about paying off car debt... when you do pay it off, keep the same amount going into a savings account and within a year or two, you will have enough for a down payment or to even pay the car off.

I'm saving to retire early and for my kids education.