YIPPPEEEE, I did it. I finally hit my $1 mark and earned $1.01 in ING interest. There are still 3 days left in the month of June so only July 1st when ING post my earned interest, I’ll post about how much I earned in interest.
The thing that I love about having an online savings account with ING is that you can see almost on a daily basis how much interest you are accumulating by not taking money out of your savings account.
Now, I do have three different savings account at different financial institutions – 1 for Emergency Fund, 1 for yearly expendiures (DMV, car insurance, trips, Coach Bag, etc), and 1 for Buying a House. I use my checking account mostly for paying my bills online.
I am saving money and building up the Benjamins!