Why I Opened A Christmas Club

Yesterday I opened a $25 a week Christmas Club with our bank. While the account pays only 2% interest, I did it to trick myself into saving extra money above and beyond the regular savings account. First, everytime I visit the bank, I'll be reminded to make my weekly payment, and second, I cannot touch the money for a full year. While I have no intention of spending that kind of money on Christmas presents, I am planning to use the extra savings to fund home repairs.