It’s the 10th day of the month and I have earned $.51 my ING savings account.
I moved an extra $500 from my overtime pay into my ING account. So, my interest will really grow! YAY. I love seeing my money grow. I love the feeling of having money in the bank.
For years, I was living paycheck-to-paycheck as a single mom. I used credit cards as my cushion. I think what really put me back on the road to recovery was building up that $1000 Emergency Fund.
I was reading a financial blog recently, Free Money Finance, and the guy was saying that we should be living at around 70% of our pay – 10% savings, 10% giving, 10% retirement. I do see how important it is live below your means b/c we waste money. Do we really need cable TV with 700 channels?
Anyways, I have earned $.51 in interest and I am building up the Benjamins!