not literally shifting gears. though some people should learn how to use a manual. it’s so much fun!
I recently acquired a job…which started as an internship and led to being hired full time. i don’t make much, but with my monthly expenses i can save about 700-1000 bucks a month. that’s PRETTY sweet. Where to put this money? into a business again? in the future. into a CD where I won’t see the money for a few months and get 4.75% interest?? no thanks. i put it into an emigrant saving bank (through their subsidiary dollarsavingdirect.com). they have a 3.75% APY which is pretty damn good. and i can withdraw whenever! i put in $1000 on 9/15. i’ve already accumulated 40 cents. WOOHOO!!! that’s like finding a dime every day! screw the lucky penny, i want something worth 10 times of that of a penny.
so you may ask, what exactly does this have to do with an automotive blog? and if i’m interested in saving money, why not a high yield certificate of deposit? let’s tackle the second question first. well, the biggest issue is that I want to take the money out by february. why february? 1) i’m buying a car. a brand new car. wheeee. 2) i plan on investing the money. 3) i plan on funding a few projects
it’s getting close to being tied to cars now eh? here’s some stuff to save cash: here and here
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