- Frugal Investing - 1 Update
ItsJoan NotJoann <itsjoannotjoann@webtv.net>: Oct 24 07:37PM -0700 On Tuesday, October 24, 2017 at 6:49:14 PM UTC-5, John Weiss wrote: > than you get in interest. The good news is that $100K may be enough for > them to waive monthly fees; the bad news is that you may have to keep a > chunk of that money in low- or no-interest accounts. I pay no fees or a monthly charge on checking and savings account; never have. I only keep a few thousand dollars in the savings account and that's to cover any appliance or vehicle emergencies. Years ago I signed up to have my paycheck deposited in my checking account and that qualified me for free checking. I only write 4-5 checks per year and when I need new ones (the plain blue or green) I order them online from one of the check printing places for a LOT less than the bank charges. > your $$ will be in very-short-term CDs or holding accounts with lower > interest. Of course, YMMV depending on type of bank (brick, online, > credit union...) and current special offers. I don't even fool with CD's any more as the bank keeps the lion share of interest. That money is with an investment company. |
You received this digest because you're subscribed to updates for this group. You can change your settings on the group membership page. To unsubscribe from this group and stop receiving emails from it send an email to misc.consumers.frugal-living+unsubscribe@googlegroups.com. |