Take The First Step Towards Short, Medium & Long Term Savings

Take The First Step Towards Short, Medium & Long Term Savings

As I mentioned in my blog about 2015, our full water tower has empowered us to save money. As a freelancer, I don't have the luxury of a company and HR department taking care of this for us. So, we've got to learn and appreciate the intrinsic wisdom and make a decision to act on our own accord. For us, we've established short term, medium term and long term reservoirs (accounts) to channel our watertower overflow funds into.

  • For short term savings, we've setup a new Chase bank savings account to house this reservoir.
  • In exploring options for our medium term reservoir, I discovered Barclay's Dream Savings account with great savings account interest. I easily set one up and funded it with $55 from our Chase account last month.
  • Thanks to my father-in-law, we've had an education investment account through Edward Jones for our kids. With this relationship already in place, it was easy to get an additional investment account setup for our long term savings. We've got $130 in there now.
Our current top priority is to start slowly moving money into these three accounts. As we develop momentum, we'll revisit how we can be more effective. For now, just consistently doing it matters more than how we do it. 

Do you like the content on this website? Subscribe by email and get the latest posts when they're published.

Recent Articles

Grow Your Life With Jason Scott Montoya, Atlanta Georgia
Copyright © 2013-2019 | Interested in Working Together?

*Some links on this website are part of an affiliate program, which means I get paid if you click and purchase.

Do You Feel Stuck In Life?
Access six steps you can take to begin the process of getting unstuck. Fill out the form below and I'll redirect you to this resource.

Please let us know your name.
Please let us know your email address.

Live Better. Work Smarter.
Stories & Systems for Transforming Your Messy Life Into A Cycle of Flourishing.

Please let us know your name.
Please let us know your email address.

the jump book promoDo You Feel Stuck In Your Small Business?
Rebuild Your Entrepreneurial Hopes & Dreams.
Download the first two chapters for free and also access our small business resource center.

Please let us know your name.
Please let us know your email address.