Dec 9, 2008

SmartyPig :o)

You have most likely heard of the old Christmas Card Clubs. Well, there are some new sites out there that let you save for something specific you want. You can save for a specific goal with a free account at

I have not yet opened an account, but it was referenced in my BottomLine publication, so I am sure it has been properly vetted :o)

Here is how it works: Sign up, describe what you're saving for and when you want it, and the free service will suggest a savings plan to be automatically deducted from your existing checking or savings account. You know what they say, pay yourself first!!!

You can keep your account private or open it up to contributions from friends and family toward a group birthday, wedding, graduation, or other gift.

Once you reach your goal, you can transfer the money into your main account or put it on a gift card. Best yet, deposits earn a 3.9% annual percentage yield :o)

We have started saving for the 2012 Superbowl and 2016 Olympics, and I will be investigating SmartyPig accounts to facilitate the process.


  1. SmartyPig! [snicker] I already love the name! Is that anything like KennyPig, the guy who is subjected to my kitchen experiments? ;)


  2. Hi Bucko,
    Sounds interesting but I think I'll just stick with CDs ...

  3. I really like this idea. I went and checked out the site, let me know if you decide to open an account with them. Linda

  4. Sounds like a good idea. I think I'll use SmartyPig for a new car.

    Hugs, Rose

  5. I think I would feel safer using our bank and their Christmas club. Our bank also offers a birthday club.

    Enjoy your day.

  6. I'm with Rose. I have been saving for a car and this sounds like the best way to go. I'm going to check it out now.
    Hugs, Joyce

  7. hugs and Happy Holidays!

  8. There's also a site called that helps you learn HOW to save. Thanks for the info, Ken.. I'll check it out!

  9. Ken, this sounds so cool! Right after Christmas I'm going to do this. It will take me that long to decide just which of the 1000 things I would like to have. Thanks for sharing this!


Tell Me What You Think, Don't Make me go Rogue on you :o)