Yes, I'm a Freedom Account addict!!

If memory serves correctly, I've had my Freedom Account going for about 2 years or less and it was rough (rough!) in the beginning, but lately I've noticed that things have smoothed out nicely.

The plan is still to deposit an automatic $90 from every paycheck I receive, which I do faithfully (even when it seemed like all I did was take it out again). (I've previously added extra money like tax refunds also.) I also faithfully balance the subaccounts which are: cushion, car insurance, car repair, escrow/home warranty, medical expenses, and travel.

This year I expected to pay about $550 or so in home mortgage escrow. That was how much I'd set aside in my Freedom Account. (The bill has been between $400 and $700 every year except one year, when we got a refund.)

However, when I received the statement from the mortgage company, we only owed $15 in escrow!! A far cry from the $550 I was expecting to pay! That means I can carry over the $550 into next year's escrow if needed. I'm excited about that. (Of course, I wrote the check for $15 escrow and mailed it quickly so they wouldn't change their minds!!)

As usual in the life I'm living, there have been several large expenses throughout the year like car repairs and dental work which I've used the Freedom Account for. But it's working, working, working, and I love it, love it, love it!