Usually when you hear the words “savings account”, you don’t associate them with anything fun. But, if you’ve ever seen something that you’ve wanted or wanted to go somewhere really nice, using simple “sub-savings” accounts can help you realize those dreams and goals faster.

The concept is pretty simple. Just create a sub-savings account for the things you dream of having or experiencing. Then, have a certain amount that goes to those sub accounts every month. Before long, that account will grow beyond belief. When you’re ready to use the money, the money is there and you can tap into it without feeling guilty or nervous about taking from something else.

What To Save For:

If you’re wondering what to save for, there are a lot of things….one of the most common is the Christmas holidays. Instead of using credit cards, or tapping into other important accounts, you can have money set aside that you use for that purpose only.

Another kind of savings account can be for Back-to-School shopping. When it’s time to go back to school, your kids will need a new wardrobe. It’s best to save for that over time instead of thinking about it at the last minute.

Conferences and events: Are there any events you want to go to? Maybe concerts? Even if you can’t think of anything right off, you never know what will show up later on that you’d want go to.

Overseas trip: Is there a country you’ve always wanted to visit? These days, it’s not super expensive to travel aboard. In no time, you can save enough money to take the trip of your dreams.

Remodeling project: Is there a remodeling project you’d like to try? You can use your savings account to start putting up for it now.

Whatever you want to save for is completely possible. Just start taking the steps now by setting up your savings account and start putting money aside.

READ MORE: Automate your money: Build a system that saves while you sleep and pays your bills for you