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First of the month

August 1st, 2015 at 07:53 am

That means interest day! Unfortunately, not too much interest any more. I am holding a mortgage on the last house we built, so the money is not sitting in the bank earning interest. However, it is earning even more interest for me in a 4 1/2% mortgage. It just will take me a long time to get the money back.

I have a savings account at My savings direct earning 1.24% interest. This month I received $104 in interest. I also opened a new account for my mortgage payments. (This has earned a whopping 50 cents so far) I will add the $104 to my $20 challenge.

Prev. total $13,322.00
today 104.00
new total $13,426.00

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