How to reserver money?

Rod Engelsman rodengelsman at ruraltel.net
Sun Mar 6 09:10:21 EST 2005


Ralph van Etten wrote:

>Hi,
>
>How do you reserve money ? I couldn't find it in the archives and also I
>don't know if 'reserving' is the proper term. Something like a virtual
>bank account.
>
>Like you want to reserve a certain amount of money each month to go out
>for dinner. When enough money is 'reserved', it can be used for dinner.
>
>I can make an account for this but when I transfer money to this account
>from my bank account, the bank account isn't correct anymore because the
>money only leaves the bank account when its used and not every month.
>
>
>Thanks,
>
>Ralph.
>
>  
>
This was covered just recently. The neatest way to go about it is to 
create a sub-account *within* your regular checking account for the 
purpose. That way you can keep track of the "virtual" balances (reserved 
and non-reserved) and the overall account will still show the actual 
amount in the account.

Rod


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