There is a total of $465 in my ING account. I moved $400 of that into a 6-month CD that matures in May 07. This will cover part of the insurance payment on my car that comes due around that time.
the regular e-fund is now back to $65 with $50 being deposited this Wednesday and $100 next Thursday etc...etc...etc...
I decided to move into a CD because:
1. The interest is higher on ING CD's than the regular savings account.
2. I will not be tempted to transfer it into checking.
3. Part of it is psychological. I am so happy to get my savings going again, that a CD is a real accomplishment.