It makes me happy to save money to buy and pay for things I need in life (bills, truck payment, rent, groceries, etc) and then save a little (for when the **** hits the fan) and then to be able to spend the rest on stuff I want (my girlfriend, guns, knives, flashlights, new phone)..
Wow.. Thanks for reminding me!
My biggest addiction of
ALL is finding high-yield savings, checking, or money-market accounts!!!!!!! I don't have much whatsoever, but I'd like to maximize what I got!
I started with Amtrust Direct when they were offering 5.25% APY for their $1 minimum Money-Market account. That was about 1.5-2.5 years ago. Amtrust was down to 1.25% last I checked about 4 months ago.
I'm now with FNBO Direct. When I joined they were about 3.2% APY for high-yield $1 minimum Savings account.. Then they went down to ~3%, then 2.8%, then 2.6%, and are now down to 2.4%. (That damned economy.)
But YET throughout this, they offered a 'Billpay' account that offered 1.83% APY. It's the same thing as a checking account, but no paper checks are possible. (There is still a routing # and account # - you can use that just like a check for both your Billpay&Savings accounts.)
About a month ago, they started offering a 'Visa check card'. Now you can use that card for ANY POS(Point of Sale) purchase - while STILL earning 1.83% APY on what is basically a checking account!!!
According to bankrate.com, the banking industry's leading reporting site, IGObanking is still offering 2.50% for their high-yield savings, but who knows how long that'll last. IGObanking also offers a debit card, but from what I saw on the site, they may charge for PIN-type purchase-transactions. I was about to switch to IGObanking until FNBO started offering their own debit card.
FNBO-Direct debit card usage is free for either the PIN-type as well as credit-type purchases (I made sure first-hand.).
I've read up on the CEO of FNBO and found that he didn't get caught up with the recent lending 'problems'.
So...
My answer is without a single doubt:
Finding High Yield Savings & Checking Accounts!!
ARGHH!! You got me started now! I'm sounding like a damn commercial!
Everyone, just check out
http://fnbodirect.com .
Rather than have your money sitting around in normal B&M banks earning a measly .1 -.2% (or NOTHING) - why not have that money earning 1.83% - 2.4%!!???
Heck yeah - I'm addicted to this high-interest thing! :thumbsup:
I keep trying to tell these things to my other family members(immediate and extended), but some of them say "I'm not going to bank online", and others say "my savings account is not there to earn money". :hairpull:
I guess it's like trying to explain some of our flashaholic behaviors.. They just don't get it.