Last summer, my bank offered checking accounts for 3.19% interest with a $1000 minimum. So, I changed all my accounts over to these 3.19% checkings. I opened one for business checking, one for personal checking and one for savings checking.
I have never kept much in my personal checking but instead left it in the envelopes. I put away $175 a week to pay my property tax, home insurance, insurance on the 6 vehicles and tags for the 7 things we need tags for. (6 cars and a carhauler)
Now, i am putting that cash away in my personal checking every week and keeping track of it on paper.
So I have sub accounts, one for taxes and insurance, one for filling the propane tank once a year, one for christmas, one for a new car fund and one for house expenses and vacations.
This week, I earned $28 in interest in my personal checking account. I have decided to write a check for that amount and donate it to our local humane society.
Our local humane society is a no kill shelter. They do not put an animal to sleep unless it is severely ill. I like that. So, my interest will go to a very good cause!!
$28 interest!!
January 14th, 2009 at 03:28 pm
January 14th, 2009 at 04:12 pm 1231949521
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January 14th, 2009 at 06:16 pm 1231956983
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January 15th, 2009 at 01:19 am 1231982388
I have one now at Charter bank and it makes 6.01%
January 15th, 2009 at 03:52 am 1231991555