Secrets of Success

Save "Extra" Money




When I receive "extra" money or money I didn't expect, it goes into our money market account. "Unexpected money" is what I find in pockets, under cushions or on the street, rebates, bonuses, overtime, refunds, pay raises, gifts & what's left in checking accounts the day before pay day. Along with regular monthly deposits, we always have enough to pay cash for anything we need. (click title for more info)

More Information:

Once a sizable amount is accumulated in our money market account, we leave enough there for emergencies, then invest in a stock which has been historically stable & pays a good dividend (5 to 20% annually.) Right now most savings/money market accounts pay pathetic interest (1.25% or less APY.)

This Sparked Me! Leave a Comment
Please note these are member-submitted secrets and are not reviewed by SparkPeople's health experts for accuracy. If you feel a secret is inappropriate, please click Report Inappropriate Secret and our staff will review it.

Be the First to Add Your Comment

Leave encouragement, a question, or anything else relevant to this. All comments must abide by SparkPeople's Community Guidelines.

Log in to post a comment.