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The "Right" account

August 18th, 2015 at 11:43 am

Last month, after closing on the house for which we are holding the mortgage, I decided to open a new savings account.
Since the highest interest I can find right now is at
Mysavingsdirect, (1.24%) I decided to open the acoount there.
This account will be mainly for my monthly mortgage payments that I will receive. I will also add the discount money I receive from Builderway (where we buy building materials) stock dividends, credit card cash rewards. advantage card savings and other discounts.

The reason I named it the "right" account is that the young couple that are making the mortgage payments to me are named Wright!

I opened the account last month with $1055 that I had accumulated from the above mentioned sources.

My first mortgage payment was due on Aug. 25th, but I received it on August 13th. I deposited it along with other savings and now have a grand total of $4055.00 in my account. I will keep a running total of that,just like I do my $20 challenge.

$20 challange $13,631.00

Right account $ 4055.00

1 Responses to “The "Right" account”

  1. FrugalTexan75 Says:

    Great name! Smile

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