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It is called a savings account

March 8th, 2006 at 04:59 pm

It is a savings account not a holding account right?

I have a friend who has a slight difference of opinion with his wife regarding what the saving account is for.

He is old school and thinks it is for umm saving. YOu know put money aside for emergency purposes or protection in case of an unfortunate event or a great deal. If that 1965 car that he has always wanted to own was being advertised for $2000 it would be nice to have that $2000.

His wife seems to think it is for anything that they need but can not aford. She planned this trip to Disneyland and when he said where are we going to get that kind of money, even though she found some great deals and it was much less than he thought it would be, her answer was the savings account. They bought a bigger house (growing family can not blame them there) and she went and made a list of everything that they 'needed' to buy to have it just the way she wanted it. Again she turned to the savings account to pay for this instead of slowly acquiring the items as they atually were needed instead of 'needed' or went on sale.

Now I just hope he doesn't see that '65 Chevy out there cause his $2000 is long gone.

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