<prompt> Human: In another thread on emergency funds, I was getting confused when people were describing their emergency funds, vacation funds, etc. Are you actually all setting up different accounts for these things? Whats the benefit of that versus just having one account?The way Ive been doing it is to try to build up my savings account so that it has 6 months living expenses in it. Once Im there, anything above that is mine to spend as I please. I will do my best to avoid having the balance drop below the six months of expenses mark.Edit: Thanks for all the responses. Seems like my Mint account serves the same purpose for me as having multiple bank accounts serves for many of you. ...Also seems like I do not yet have enough money to warrant having any more accounts. :-  <response>: I use multiple accounts through the same credit union. I like being able to keep track of progress on the different goals. I have checking emergency fund money market taxRoth savings in case I owe taxes to fund Roth IRAs house downpayment money market vacation savingsThen in Mint I can see each account and each goal clearly. I dont leave money lying around in checking or general savings. It all has a purpose. 