A lot of people discuss putting money away in an Emergency Fund, a Christmas Fund, a Shopping Fund, a Wedding Fund, a House Fund, a Summer Fund, a Vacation Fund, you get the idea.
I want to know if you separate all of these accounts? Do you have a different savings account for each within your bank? Or do you just add them all to the same account and know what you have saved the money for?
I want to set up different funds as well once I pay off my family loan and want to know an easy way to do it. I will be setting up an ING account in the new year and that may be a way to do it. But I also don't want to have a ton of transactions coming from my bank account each month. I also don't want automatic withdrawals into these funds because having a variable income there could be some months I am not able to contribute.
How do you set up for your different savings funds??