: How do I manage a savings account for various (non-monthly) lump sum costs? I already have a savings account with my bank, and save regularly on a monthly basis as part of a budget. However, I often find myself saving for

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How do I manage a savings account for various (non-monthly) lump sum costs?
I already have a savings account with my bank, and save regularly on a monthly basis as part of a budget. However, I often find myself saving for particular items, say a future trip, or next year's dental insurance premium. Since these amounts all appear together as one lump sum in the savings account, it is often difficult to keep track of what's what. Does anyone have any suggestions for managing this more effectively? Thanks!

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