December interest earned from all cash accounts is $99.14. Starting to approach $100!
I expect that we will exceed $100 a month in interest earned in the coming year. I have added even more cash, specifically $8,000, to higher interest accounts. And it seems interest rates have finally started creeping back up. That is a big deal for savers. We have had a lot of years with very low interest rates. We are earning 1.4% on our online savings account and between 2.0% and 2.25% on three different CDs.
I will include all 2017 interest in my Big Goal total since I am using that money to help meet that goal.
December 2017 Interest
December 31st, 2017 at 02:21 pm
December 31st, 2017 at 07:35 pm 1514748900