SmartyPig

I finally signed up for an account with SmartyPig. I heard about it when they first came into existence, but I didn't like some of their terms & conditions. Then they changed their policies, but I was actively in debt-reduction mode and didn't have any extra money to set aside towards savings goals or expenditures.

Now I'm nearing the point of being able to really start saving aggressively. My credit card will be paid off by July 1st, and Hubby's credit cards will be paid off within a year (hopefully sooner!). We delayed some home improvement projects that we had planned on doing this year, to give us more time and money to devote towards other things.

I'm sort of testing the waters with SmartyPig, so I only set up one goal initially. Once I get comfortable, and my last credit card is fully paid off, I'll set up a few other goals.

Here are our goals for this year:

1. Vacations/Travel: $3,000.
2. Home Improvement: $2,000.
3. Fun Money (for big-ticket items): $750
4. Car Insurance Renewal: $750
5. Savings/2nd Mortgage debt reduction: $7,000

So has anyone else tried out SmartyPig? Any opinions, reviews, likes/dislikes?