[Kris10Leigh]

I'm sorry. I thought it was a rather universal term. I'm not sure where I heard about it exactly except to say on message boards. I research message boards frequently. I thought I saw the term mentioned here once.

What I am referring to is a savings account which is used for planned and unplanned expences. For instance, keeping it simple:

Expected annual expenses (These are hypothetical numbers):
Christmas gifts $2000
Medical expenses: $1200
Lawn services: $500
Car insurance: $1000
Total: $4700
Total/12 months=$391.66

So I would need to fund the account with $391 per month and then use the money for those types of expenses.

Obviously I have SOME idea what it is but implementing it is a different story as is coming up with categories.

I was thinking:

Gifts
lawnservice
local amusement park season pass
school expenses (social fees as a teacher, school supplies, fund raisers, etc.)