Are you as tired of seeing those kinds of ads on the internet as I am? (Not even counting tv and other places.) My apologies if some show up on this post…AdSense only lets me block so many ads.
Anyway, as the year is winding down, I was taking a look at our banking and preparing for our *dread* taxes. As I looked through our ING accounts, I couldn’t believe how much money we earned just on savings. It’s not thousands or millions or enough to raise a family, like those ads promise, but it’s still a lot of money when you consider that I put little or no effort into it.
I chose to bank there and I set up direct deposit and I deposit money via PayPal…but that’s really all I’ve done. It would be worth doing that for the sheer convenience of being able to spend my money with a handy plastic card (ok, that’s the checking account but the ING interface makes it quite easy to transfer).
To be more precise, we’ll say that it’s a great place to see money build up for the future without creating lumps in my mattress. In fact, years I was happy enough to get virtually no interest and just have a handy place to store my money.
There are few places in this world where we get money without putting in a lot of effort. I thought it would be nice to take a moment at the end of the year an appreciate little things like the interest we earn.
(Yes, I’m aware they earn money on my money and so it’s not money for nothing…but after all those years of savings earning 0.2% interest, it’s thrilling to see the difference.)