I noticed that FNBO Direct where we have most of our emergency fund cash has reduced their interest rate from the measly 0.85% to 0.75%. I think it's time to move banks for a little better interest rate.

I probably could do a short term CD, but since I have a feeling we could be moving, I need some of that cash for the next house and I don't want it tied up. Or the potential to lose any extra interest, which would reduce the effective rate in the end.

I'm considering going to EverBank for their 6 month interest rate of 1.4%. I would then move the money after that to another bank that is paying closer to 1%. Anyone have a better idea? I have nearly $40K that I would put in the account.

We paid off $1,431.79 on our mortgage in the month of July! (ETA: Officially only $1,395.79 was for July, as $36 was counted for June) That includes the various snowflakes listed in my previous post, the principal portion of our regular payment and two schedule extra payments of $103.72 and $275.



The goal is to pay off $13,992 by the end of 2014. To bring us to an even $x15,000 balance. So far we have paid $9,268.08 of that amount. That is 66.2% of the goal in 7 months!

I fully expect that we will meet the goal. The only thing that could hinder us is something that would keep us from sending that extra $478.72 each month. Right now I don't know what that would even be.

I'm looking forward to seeing how much beyond the goal we can get to before the end of the year!

July snowflakes added up to $550.23. All the money was sent to the mortgage! So less debt. Most of the money came from the Wells Fargo American Express card reward, but the rest was an accumulation from many other sources. They add up!



There are quite a few other snowflakes pending and in the fire for future months. I'm always on the look out for new ones, if anyone has any ideas!

How did you do accumulating snowflakes in the month of July? Do you have any pending snowflakes?