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Actually, all those little percentages are going into the same ING account. I only keep them seperate in my plans. I plan to track the contributions into each of my funds on a spreadsheet.

I hear you on the efund. My only concern is that I am now 37 and haven't really invested outside of the 401K. I want to get started.

My initial plan is to have all of the money in the ING account. That gives me some cash to deal with emergencies(true emergencies, not nice to haves). As the funds grow, I will start using the money. For example, I have the vacation fund. I am actually taking the vacation in June. So, all the contributions will go into ING until June, when I pull it for the travel. Until then, it is my buffer. Same with my car. According to my numbers, it will be three years before my efund is at the level I want. I have not built raises into my plan, so I may contribute more to the efund as I get pay raises.

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