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Savings Update

May 24th, 2007 at 08:23 pm

I sent the weekly $10 off to ING today, bringing the total in that account to a whopping $62.58. Slow as molasses, but that's in keeping with our decision to focus on debt reduction. Right now the $10 a week is more to keep in the savings habit. I would still like to send $100 a month, but I just am torn because that $100 a month would do more good on a 7.9% credit card than it would earn in a 4 point whatever interst rate ING is offering. And I know Mom will loan us up to $500 interest free in an emergency, but I still don't like seeing that account below $500. It has been nice to be able to use it and rebuild it these last couple of times. I'm sure I'll get over it, though. Having the debt gone is just more important to me, and to DH.

1 Responses to “Savings Update”

  1. Amber Says:
    1180064791

    Every litle bit helps, I agree paying that cc debt is more important. Don't worry you will have that saving account up in no time with $10 a week

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