u/Atmosphere_Training

My wife and I have 10K in chequing and 80K in a HISA, which I mentally allocate as follows: 25K for our emergency fund, 20K for an upcoming vehicle purchase, 20K for upcoming home projects, and 15K for travel. I keep it all in one account. We also have 615K invested and 90K in college investments for kids. There’s 150K remaining on the mortgage at 3.3%.

Some days, having 80K sitting in a HISA feels like a poor choice, but other days I feel better about it because every dollar has a purpose. I’d be curious to hear how others would view this setup.