tag:blogger.com,1999:blog-1725357121694262403.post7526859391945668593..comments2023-09-22T12:27:19.583-05:00Comments on Family and Finances: Financial Goals 2008: Halfway Point!Beckyhttp://www.blogger.com/profile/13612035243745864343noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1725357121694262403.post-44956166944235612692008-07-17T12:44:00.000-05:002008-07-17T12:44:00.000-05:00Good question! The automatic deductions for the Ro...Good question! <BR/><BR/>The automatic deductions for the Roths are initiated by our brokerage and the money comes from our checking account. I use Quicken, so I have a reminder set up so that I don't forget to deduct the $250 from our checking account balance twice a month.<BR/><BR/>The deduction to our "new car fund" is initiated by my employer, comes directly out of my paycheck, and goes into a joint account at our brokerage. I don't do this for the Roths because I'm only allowed to divide my paycheck out to a maximum of two places. So I have it set up to send $150 to our brokerage account and the remainder to our checking account.<BR/><BR/>Does that make sense? Let me know if clarification is required!<BR/><BR/>My husband likes the "one large bucket" approach. He thinks my little divisions are funny. :) It works for me, though!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1725357121694262403.post-75179656219474428762008-07-17T07:44:00.000-05:002008-07-17T07:44:00.000-05:00How are you doing the auto-withdrawal for these se...How are you doing the auto-withdrawal for these separate funds? Did you set this up with your bank or a 3rd party company?<BR/><BR/>First off I'm a financial n00b. Right now i'm using the inefficient system of keeping my funds in one large bucket, and just separating the different expenses out in my mind. Most of the time I simply forget and default to "are you kidding, we can't afford that!" My wife doesn't appreciate it but its good for being thrifty.Engineerhttps://www.blogger.com/profile/02570242363670103056noreply@blogger.com