Savings Corner
DECEMBER 24, 2023
Images by Getty Images; Illustration by Issiah Davis/Bankrate The average savings account rate is a benchmark for the overall interest-rate environment, but it’s not a rate you should settle for. Rather, aim for an annual percentage yield (APY) many times the national average, such as those offered by high-yield savings accounts.
Family Balance Sheet
JULY 10, 2023
This update includes how we frugal-ed in April, May, and June. 2 – We opened up high-interest savings accounts and earned $250 in interest. We are in what I call our “shovel season of life” Our oldest daughter leaves for college in the fall of 2024 and we have a big savings goal to hit before then.
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Family Balance Sheet
JUNE 25, 2019
In April, we received a small tax refund and I put $100 of our refund into our Christmas Savings account. In May, I made money from a yard sale and put $50 towards our Christmas savings. How did I do in June? This number is the monthly amount you need to save between 6/25 and 11/25. How did you do in June?
Family Balance Sheet
JUNE 24, 2021
It all started years ago when we refinanced our mortgage and were no longer required to send an escrow payment to the bank for real estate taxes and our home owner’s insurance. Every month going forward, transfer this money into a separate savings account that is connected to your checking account.
Family Balance Sheet
JULY 25, 2019
In April, we received a small tax refund and I put $100 of our refund into our Christmas Savings account. In May, I made money from a yard sale and put $50 towards our Christmas savings. In June, I was rather uncreative and pulled the $100 from our monthly budget. It was a pretty easy month to find the cash.
Family Balance Sheet
MAY 25, 2019
I had amassed $70 and thought it was a perfect addition to our Christmas account. In April, we received a small tax refund and I put $100 of our refund into our Christmas Savings account. I made enough to put $50 in our Christmas Savings account. June’s Assignments: 1. How did I do in May?
Family Balance Sheet
SEPTEMBER 25, 2019
In April, we received a small tax refund and I put $100 of our refund into our Christmas Savings account. In May, I made money from a yard sale and put $50 towards our Christmas savings. In June, I was rather uncreative and pulled the $100 from our monthly budget. It was a pretty easy month to find the cash.
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