Prepaid card accounts and bank sub accounts are perfect for automatically building up little “buckets” of savings. Family members young and old can set up automatic deposits, allowance splits, or transfers that drip funds into special purpose accounts week after week. Just set it and forget it. After a while, you’ll have much more than a drop in the bucket.
Here are 5 savings buckets to consider setting up in your family as you kick off the new year: