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"Transfer Day"

January 3rd, 2007 at 05:38 pm

This morning, I went to my credit union, and closed a savings account, and put the money in checking, so I can transfer it to my ING account. The credit union pays 1/2 of ONE per cent interest, so it is history! I was going to keep it open for a mini emergency fund, but since the interest is nill, I will just keep that money in my checking account, and not show it in the register. Besides, I am disciplined enough not to spend the emergency fund, unless it is really an emergency.
My goal is to get ten thousand in ING,and then start putting money in mutual funds every month. After I pay off my credit card in April, saving will be off and running!

It is going to be a "no spend day".

2 Responses to “"Transfer Day"”

  1. Ima saver Says:
    1167846062

    Good for you!

  2. Aleta Says:
    1167846297

    Getting on to this site will help you see where you need to go and to get rid of low paying interest accounts. That's great what you are doing. Good job! You're really focused.

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