I opened a new savings account at MYSavings Direct. They are paying the highest rate for savings accounts that I can find; 1.24%
I wish I could find a local savings account paying a decent rate, but no such luck.
I will be using this account to make special deposits.
I plan to save every mortgage payment check that I receive starting in August. The mortgage payments will go on for 25 years, but of course, I won't be here.
I also plan to add any additional money that I receive from dividends stocks, (i only have 3) cash back on credit cards (I have 2) and any rebates.
It will be fun to watch it add up.
My $20 challenge stands at $11,607.00.
Opened a new account
July 7th, 2015 at 08:45 pm
July 7th, 2015 at 11:41 pm 1436312504
July 8th, 2015 at 02:11 am 1436321488