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May Interest

June 2nd, 2017 at 12:39 pm

The interest earned on our cash savings came to $92.26 in the month of May. We do have several 2% CDs where a lot of our money is parked, so that helps a lot.

In fact, I remembered when checking the interest, that at least one of the CDs allows new deposits added to it. I transferred $430 I had in a savings account at the same bank to that CD. I think it is actually two of the CDs that have that option, but the rate is the same, so it didn't really mater which one I picked.

Did you earn any interest in May?

3 Responses to “May Interest”

  1. scottish girl Says:

    That's awesome! Is interest going towards the Big Goal?

  2. rob62521 Says:

    We earned some interest, but nothing like you did. That's a great CD that you can add to it. Nothing is paying 2% around here and right now, we don't want to go too far out with our available cash.

  3. FrugalTexan75 Says:

    We earned $49.97 on our Kassassa checking account. (pays 2.5%)

    That's neat that you can add money to your CD.

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