PassPorter Community - Message Boards and Forums - View Single Post - Some of my money saving tips and advice that's worked for me

drayke · 11-04-2005, 03:05 PM

I openned a high interest online savings account. These accounts typically are linked to your existing bank account so you can transfer funds back or forth. The catch is the money won't be instantly available so if you want to tuck funds somewhere that takes effort to make available (preventing impulse use) this is a great way, and you earn interest higher than a traditional bank. Mine is set up with scheduled transfers into the savings account every couple weeks so by the time our trip rolls around in March 06, we'll have a good nest egg to use for walk around cash.

And here's a bonus - some internet banks will give you a cash incentive to open an account or if you refer someone that opens an account, they receive a cash incentive and you receive one also. (Nominal amounts from $10 -$50).

You can find out more by doing a google search for money magazine's online story "Why aren't you banking online yet? - Oct. 3, 2005".

Drayke
jamiefraiser@yahoo.com

11-04-2005, 03:05 PM	#43 (permalink)
drayke Community Rank: Day-Tripper Join Date: Nov 2005 Posts: 6	Re: Some of my money saving tips and advice that\'s worked for me I openned a high interest online savings account. These accounts typically are linked to your existing bank account so you can transfer funds back or forth. The catch is the money won't be instantly available so if you want to tuck funds somewhere that takes effort to make available (preventing impulse use) this is a great way, and you earn interest higher than a traditional bank. Mine is set up with scheduled transfers into the savings account every couple weeks so by the time our trip rolls around in March 06, we'll have a good nest egg to use for walk around cash. And here's a bonus - some internet banks will give you a cash incentive to open an account or if you refer someone that opens an account, they receive a cash incentive and you receive one also. (Nominal amounts from $10 -$50). You can find out more by doing a google search for money magazine's online story "Why aren't you banking online yet? - Oct. 3, 2005". Drayke jamiefraiser@yahoo.com