Another question about savings

[Aleta]

I would consider any money paid towards a heloc as paying a debt down. That 's exactly what you are doing. You're paying your debt down.

Another way to look at savings is if you look at vacations. One vacation could be a regular family vacation that you go on every year and you can have a savings for a special vacation that you are planning outside your regular vacation. It could be a caribbean vacation, cruise, anniversary,etc.

Also, there may be goals such as buying a kayak or purchasing a guitar, etc.

[disneysteve]

hi guys you know this is my first time to join a forum like this so i dont know how to start a topic

Hi. Welcome. If you want to start a new thread, at the top left of any of the boards is a button for "New Thread". Just click on that and you're on your way.