Jan 11, 2009

An Extra Incentive to Save

Jan
11
2009
Sunday


One of our financial goals for 2009 is to put aside 5% of our monthly income into a savings account to get our “Dave Ramsey Emergency Fund” up and running.

Now we have an additional incentive to stay consistent in this! Suze Orman is teaming up with Ameritrade to offer a “Save Yourself Account.” If you open up a non-retirement account (it is FDIC insured and gets 1% APY) and deposit at least $100 in your Ameritrade account (via electronic deposit) for 12 consecutive months, you get $100 FREE! I’m in!! If you just deposit the $100 minimum, you will be making 9.3% on your money after a year. That’s a pretty good deal!

You have to deposit your first $100 within 30 days of opening the account, and then at least $100 each month thereafter. Also, the terms state that this offer is limited to one per client, so if you want to save more, your spouse can open an account as well and get ANOTHER $100 at the end of 12 months.

To get more details and to sign up, click here!

(Thanks, Moms By Heart!)


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