Thursday, October 19, 2006
More Money from Interest
People always are aware of what their CD and money market accounts pay in interest. It is also a good idea to periodically check what interest you are getting on savings and checking. I recently opened a checking account that pays 4.0% and a savings account that pays 5.25%. Before I was getting no interest on checking and about 3% on savings. These new rates do add up to serious money because every penny counts. Those extra percentage points just put me that much closer to being able to retire.