Saving For a Large Purchase?

[Cricket]

Whether you are saving up for a new car, a down payment on a house, or some other major expense, you need to be smart about your saving. If you put away too much money you might not have access to it when you need it but, if you don’t put away enough, you could never reach your goal. Learn to Be Smart About Saving Up for a Large Purchase

What steps do you take to save for a large purchase?

[mndtrp]

Early on, I would have money automatically direct-deposited into various bank accounts. As I became better about managing my money myself, I just started moving the funds into separate accounts as needed. These days, I just mentally earmark funds to go towards large purchases.