When budgeting for multiple large known goals, do you set aside savings for both of them, or aim to complete one at a time and then another? For example, if you need a new van and are planning on doing a home renovation, would you allocate savings for both or complete one before saving for the other? To me it makes sense to just have one "large single purchase" savings bucket and to take care of one before the other, but maybe there is some reason to do it the other way. (In my example it's a known current need for a new van, not saving for the eventuality that it would be needed.)

I think two funds would only make sense if they are different time horizons. For example, if you want to buy a new car in a year or so, you should put the money somewhere stable, maybe CD's or bonds. If you are also saving for chasunahs in 15 years, you might want that money in stocks or real estate or commodities as they will do better over the long term.

I should have been clearer that I'm discussing two items that are both on the "as soon as financially feasible" time horizon.

assuming it takes t time to save enough for each item, would you rather buy both after 2_t_ - or have one item after t and the second after 2_t?_ I think saving sequentially is clearly better because then you will get one of the items faster, instead of getting both slower.

yeah I was wondering if there is any sevarah to do it otherwise. I can't think of one (and just updated my budget to reflect that).