Have you ever considered putting up a Therapy Fund?

This is actually a really neat idea. It's good to have an account that you don't touch and I'm sure it gives you reassurance that you have something to fall back on. In a way I kind of have something like that now. I have two different accounts at different banks. My one account is my savings that I started putting money into when I was younger and I've been putting birthday and babysitting money in there ever since. Now that account has grown into a pretty decent amount for me. In my other account, I have savings and checking and this is the account I use my debit card with and get my paychecks directly deposited. Eventually, I think I'll start taking out a portion of my paycheck and putting it into my other savings account that I don't touch. It'll be good for me to have that savings once I'm on my own and it'll give me a good start

I like the idea of this "therapy fund"! I had never looked at it "that" way . . . it's like the earnings are just earnings to me - not sure where to put it other than keeping it right where it is (whether it's in PayPal or egift card form). But to say "therapy fund" is more meaningful. Something a bit more than an emergency fund - because you are paying yourself for "you". I think it's ok to get some joy out of money - heck - where would we be or be doing without it? They say money isn't everything and money can't buy you happiness . . . but everyone sure needs it to eat, have a roof over your head, have clothing on your back, etc etc . . . isn't it just a romantic notion to think we don't need money? At this point, I would embrace all the money I can get (for now that only means online earnings) - it might not be much . . . but hopefully these wee bits make for one big "fund" in the end!! Hope you are doing ok . . .

Well, there are times I have set aside money in hopes of never touching it for something as in a Rainy day or when I am feeling really Low, to where I can go do something for myself or buy something special. The problem is when everything is so tight Financially to just put a little aside, but knowing you need too for those just in case days.

It sounds like similar to women going shopping to feel better. I must be weird. If I'm upset , Nothing can make me feel better , save talking to my guy. I have to feel happy enough to use money for a treat or to go shopping.Do whatever makes you feel better. And remember you can write me if you ever need a sounding board.

My therapy fund is currently going to therapy. Not for me.. yet.. but for hubby and my son. My daughter is in therapy too, but hers is free through school, thankfully. Mostly because school caused her issues.. well, some of them. She's had 3 teacher changes this year, and the most recent teacher, who she still has, they didn't get along at first. I got phone calls from the teacher daily that my daughter was acting up (which isn't like her, at least not in school). I also got notes from my daughter that she didn't want to go to school anymore because of how mean the teacher was. Thankfully it's gotten better with the therapy.

I've never thought of any money that I've had in my life as being a therapy fund. Instead, I do, however, try to save the money that I make online to be a Christmas fund of sorts. I do have two subscriptions that come out of my paypal account every month. However, everything beyond that I try to save so that I have money to do my Christmas shopping toward the end of the year. The reason that I do that is because Christmas is a big expense, but it is also something that is important to me. So, I guess in a certain sense, my therapy fund is retail therapy only.

No, to be honest i never have thought something like that. Also i understand your feeling about earning not as much you deserve to. I have been feeling the same lately, just failing a lot to meet my clients criteria, however i try and feel good about all the stuffs that i am learning from all this and i am still carrying on. But from how i see it this "Therapy fund" of yours MIGHT be a little act of depression. I hope i am wrong, but don't let depression let you down, remember if you want to be good at something, you have to try hard and master skills to get there. Good luck!

I have never labeled it as a therapy fund, but I feel as if my online earnings are my "just in case" money, or my worst case scenario money. Except my Amazon money. It is my money to shop with, sort of an impulse fund. I buy an occasional book, or piece of music, or some specialty fabric. I might go buy extra vitamins. It is my free money so to speak.

I haven't got a fund myself just now, as we're scraping by, but in the past I've always tried to have a little savings account sitting aside. If you try to forget about it, it creeps up slowly and is there when you need it most.

Honestly i love this. You are doing a smart thing instead of spending money you are saving and saving. I've not got a fund like this but i need one. Ive thought of keeping all online earnings in my paypal and waiting until i get to three hundred then transferring it to my bank.

Hey bro! I think that is a great idea! Nice thinking! I don't see anything wrong with "saving for whatever". Wish I could have done that, but I never and still am not really good with saving. I give you credit for willpower. Obviously, I have none-but that's another one of my many issues!lol You always were the "smarter" one in the family!

Sounds like a creative way to be prepared, especially if you think that you might have an issue in the future. If you never have a need..well..it could be for anything else in the world you wanted it for. I would have never thought of a "therapy fund" but I don't see why someone shouldn't have one. There is a fund out there for most everything else..why shouldn't it be for therapy if we one day need it? If one ever needs therapy, it could be very expensive.

I do not currently have a "therapy fund" but that is one of the contingencies for my husband getting a motorcycle. He has to have a fund that is not touched except in the event of him having an accident and in worse case dying. There has to be enough in this account for me to go to therapy for the rest of my life.

Personally I never really considered such an account, but that does sound like a pretty good idea. Normally the additional earnings I've made online I normally put those aside for my family vacation trips and try not to touch it. That to me is my form of therapy, in which I could leave reality and enjoy vacation time with my family and try and forget all my worries. No school, no worries just have fun with the ones I love. That is some sort of therapy isn't it!!!

I never thought about doing it like that. I use my online earnings like myLot to save for Christmas and to pay a certain charity from each month. If I have money leftover, I try to put it into savings for whatever goal I'm working toward at the time. I think your therapy fund is a good idea!

Whatever you called it, "therapy" fund, or "saving for the emergency" fund. When we was in emotionally low, we tend to spend money, big chunk of them to vent our anger, emotional unhappiness. But when you think about it, you could just save them, and have them on better use later on. Good strategy, and I should learn it from you too.