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March Interest Income & Saving

April 1st, 2017 at 02:25 pm

I totaled up our interest income for the month of March. It amounted to $91.85! No complaints on that money.

We just allow our interest to accumulate. We don't specifically look to spend it. I think I will start counting this towards our big goal, which I still need to start tracking!!

The big goal is money saved towards the next purchase of a home, which we currently don't expect to be for another six to seven years when my husband retires. We have about $40K currently that we could put towards a house right now, but we are renting so that isn't happening!

The goal would be to save $160,000 to add to that money for a total of $200,000. That doesn't mean the home will be that much, but if it's less than great! If it is more than that is okay, too. Right now we don't entirely know what we want long term or where we will end up (although we think somewhere in the midwest...although I do love this Southeast weather most of the time!)

1 Responses to “March Interest Income & Saving”

  1. FrugalTexan75 Says:

    We made about $64 in interest this month (partly due to Brinks 5%)


    I think I am going to try the Southwest deal - you had a referral link right?

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