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Challenge money

January 15th, 2008 at 02:53 pm

Pennywise asked where did people keep their challenge money. I have a cash box that I have had for years and years. Every time I get any cash or check for the challenge, I put the cash/checks in there, plus I keep track of the running total on a notepad I keep right by the computer. Once a month, or more, I deposit this money into my money market local account, now paying 4.1%. So far, I have not added on the interest it is making, but I think maybe this year I will. Even tho it is not in a separate account, it is pretty easy to figure out how much interest it earns each month. Just take the total times .041% and divide by 12. I think I will start doing that at the end of this month.

Posted in $20 Challenge | 1 Comments »

1 Responses to “Challenge money”

  1. denisentexas Says:
    January 16th, 2008 at 01:43 am 1200447785
    1200447785

    Mmm, I'd like to have a cash box, specially an old one. I might keep my eyes open at garage sales for something like that. Thanks for sharing where you keep your challenge money. I'm still trying to come up with something good.

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