I took what was left of the house sale money and put it in an eloan.com savings account. It feels great to be earning interest rather than paying it. But I am very concerned about our savings getting drained because business has been slow, medical insurance premiums went up again, and other expenses have popped up.
When I no longer had a mortgage, the bank started charging my checking account $15/month because I no longer had bundled services with them. With other things going on, it took me two months of getting charged this fee before I did something about it. Now I have a $5/month basic checking account. So $120/year saved there.
New Experience--Earning Interest
March 10th, 2007 at 05:51 pm
March 10th, 2007 at 05:56 pm 1173549364
Yes, it does feel good to earn interest instead of paying it out everyday.
March 10th, 2007 at 06:26 pm 1173551180
March 10th, 2007 at 07:48 pm 1173556119