Finding Freedom

How quickly can a fool find his money again?

I currently have a whole bunch of debt. Hmm...I wonder how much I could get for my kidneys?
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Tuesday, May 23, 2006
Savings Accounts
I am currently gathering information on a couple different savings accounts. I would like to be able to put away a thousand dollars into one of these accounts so that I could have the money readily available for emergencies if necessary. Plus, these accounts are currently paying higher interest rates than any bank location in town.

I am considering both ING Direct and Capital One.

ING Direct offers a 4.15% interest rate with no minimum amount necessary and no finance charges, while Capital One offers a high yield money market account at 4.55% that has no finance charges with only a $1 minimum.

I will have to do some more investigating before deciding on anything, but I know that I like a higher interest rate.
posted by shamedsteven @ 10:42 AM  
  • At 10:17 AM, Anonymous personal finance advice said…

    Open 2 accounts - you want to open the ING account for the $25 bonus you get for opening an account with $250 and a referral from a friend and then once done you can transfer the money to a higher yield account if you want.

  • At 10:28 AM, Blogger shamedsteven said…

    That's great! Thanks for the advice. Essentially free money is always good.

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Name: Steven shamedsteven
Home: San Diego
About Me: Well, boys and girls, I, like a whole bunch of other people, made a series of "conscious, deliberate mistakes" and have ended up with a buttload of debt. What is chronicled here are some musings about the journey out.
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