Sunday, January 21, 2007

Savings update

As of this coming Thursday I will have a total of $1,006.18 in my ING savings account. This amount does not include the CD with $400.00. I decided to have the baby e-fund outside of the CD. If anything were to happen I would have access to my e-fund without any penalty on the interest earned on the CD.

Saving is now addictive. I can't wait each week to see my account grow.

5 comments:

3 Things About Money said...

Yessssss....congratulations. Savings must be addictive, that was a rapid build-up. And I'm glad you're back.

moneymonk said...

Saving can be a habit. Make it your everyday habit. Saving money is so attractive to me.

Tired of being broke said...

@ 3 things...thanks...am amazed at how easy and fast it happened.

@moneymonk it sure is addictive.

jagular said...

excellent idea. I think the E-fund should be very liquid, because by definition, using it would constitute an emergency. And in an emergency, you need access to your money.

Anonymous said...

Saving IS addictive!. I can't wait for my check to come in so I can pay down my debt and add to my eFund!. Its crazy!, before I could not wait for my cheque to come so I could get "those cute shoes"