If you are in the greater St. Louis area, I’d highly recommend them.

Their gotchas are:
- 12 debit card tranactions a month
- A valid email
- 1 direct deposit per month

We, too, spent unnecessary money out of the lump sum account and would run dry when the time came to actually use the money for which it was intended. Also, I don’t have time to sit there and figure out how the accounts are supposed to be divided into the spreadsheet. Bleh. It’s easier to figure out when the bill is due and divide the payments up, automatically transferring the money every month. No work involved beyond the planning stage! And when I realize I forgot an expense, I just add another account. Simple.

Most importantly, It’s way too tempting to spend “only” $180 on the wireless keyboards we’ve been wanting when there is $3000 in the slush fund and no expenditures owing for 3 months. However, when there are multiple accounts, I don’t see an excess of money, I see a shortfall.

Also, I feel a sense of security knowing I will have enough money when the purchase time comes around. With the slush fund, I was never sure since some months may not have any expenses and some months would exceed the amount in the slush fund. It was very disconcerting.

I am managing paying off 13 credit cards, (tilted tiara) and unfortunately i still use two of them for major purchases. If only i can turn all of those debts into saving balances. instead of already bought it will be what i haven’t bought yet, that would be AWESOME and after reading this article, that will now be my life time goal.