Stacking Pennies . . .

First, I had a minor emergency today. I scheduled an HSBC withdrawal from my checking that would have caused an overdraft if I wasn't paying attention. Stupid mistake on my part, and I had no access to cash to fix it. I found a solution, but it makes me think I should put a little in savings to cover things like this.

The main reason I don't like to keep money there is because I take issue with Wells Fargo, but I don't want to switch my checking account for a couple reasons. One, my boyfriend, sister and parents have an account there. I know at this point in my life, there should be very little intermingling of family finances, but it happens, and it's just easiest if we all have the same bank. The boyfriend and I probably will be mingling our finances increasingly. Two, I consolidated my student loans there, so I have to have an account for that, and I don't need another bank. It seems like I'm stuck with them for a few years. Anyway, thus far their customer service for the loan has been beyond awful, and the other services have been average.

Now for the new goal. I've decided is once my high yield savings account hits 6500 I want to start up a T-bill ladder. It will complicate my taxes a little, but since I pay about 8% state tax, my effective yield, based on the past week would be 5.335%. For a better week, it could have been about 6%. I'll keep an eye on the rates while that is building, because they have been dropping.

It really won't generate that much extra revenue since I'm working with just a little money, but it is something slightly more "advanced" to do with my cash savings, still pretty liquid, and will continue to work as my cash savings grows.

Now if only those rebates from this laptop would show up. Seriously, I hate rebates. This is the first major rebate I've ever had, and it's turned me off of the process.

First, I had a minor emergency today. I scheduled an HSBC withdrawal from my checking that would have caused an overdraft if I wasn't paying attention. Stupid mistake on my part, and I had no access to cash to fix it. I found a solution, but it makes me think I should put a little in savings to cover things like this.

The main reason I don't like to keep money there is because I take issue with Wells Fargo, but I don't want to switch my checking account for a couple reasons. One, my boyfriend, sister and parents have an account there. I know at this point in my life, there should be very little intermingling of family finances, but it happens, and it's just easiest if we all have the same bank. The boyfriend and I probably will be mingling our finances increasingly. Two, I consolidated my student loans there, so I have to have an account for that, and I don't need another bank. It seems like I'm stuck with them for a few years. Anyway, thus far their customer service for the loan has been beyond awful, and the other services have been average.

Now for the new goal. I've decided is once my high yield savings account hits 6500 I want to start up a T-bill ladder. It will complicate my taxes a little, but since I pay about 8% state tax, my effective yield, based on the past week would be 5.335%. For a better week, it could have been about 6%. I'll keep an eye on the rates while that is building, because they have been dropping.

It really won't generate that much extra revenue since I'm working with just a little money, but it is something slightly more "advanced" to do with my cash savings, still pretty liquid, and will continue to work as my cash savings grows.

Now if only those rebates from this laptop would show up. Seriously, I hate rebates. This is the first major rebate I've ever had, and it's turned me off of the process.

First, I had a minor emergency today. I scheduled an HSBC withdrawal from my checking that would have caused an overdraft if I wasn't paying attention. Stupid mistake on my part, and I had no access to cash to fix it. I found a solution, but it makes me think I should put a little in savings to cover things like this.

The main reason I don't like to keep money there is because I take issue with Wells Fargo, but I don't want to switch my checking account for a couple reasons. One, my boyfriend, sister and parents have an account there. I know at this point in my life, there should be very little intermingling of family finances, but it happens, and it's just easiest if we all have the same bank. The boyfriend and I probably will be mingling our finances increasingly. Two, I consolidated my student loans there, so I have to have an account for that, and I don't need another bank. It seems like I'm stuck with them for a few years. Anyway, thus far their customer service for the loan has been beyond awful, and the other services have been average.

Now for the new goal. I've decided is once my high yield savings account hits 6500 I want to start up a T-bill ladder. It will complicate my taxes a little, but since I pay about 8% state tax, my effective yield, based on the past week would be 5.335%. For a better week, it could have been about 6%. I'll keep an eye on the rates while that is building, because they have been dropping.

It really won't generate that much extra revenue since I'm working with just a little money, but it is something slightly more "advanced" to do with my cash savings, still pretty liquid, and will continue to work as my cash savings grows.

Now if only those rebates from this laptop would show up. Seriously, I hate rebates. This is the first major rebate I've ever had, and it's turned me off of the process.

First, I had a minor emergency today. I scheduled an HSBC withdrawal from my checking that would have caused an overdraft if I wasn't paying attention. Stupid mistake on my part, and I had no access to cash to fix it. I found a solution, but it makes me think I should put a little in savings to cover things like this.

The main reason I don't like to keep money there is because I take issue with Wells Fargo, but I don't want to switch my checking account for a couple reasons. One, my boyfriend, sister and parents have an account there. I know at this point in my life, there should be very little intermingling of family finances, but it happens, and it's just easiest if we all have the same bank. The boyfriend and I probably will be mingling our finances increasingly. Two, I consolidated my student loans there, so I have to have an account for that, and I don't need another bank. It seems like I'm stuck with them for a few years. Anyway, thus far their customer service for the loan has been beyond awful, and the other services have been average.

Now for the new goal. I've decided is once my high yield savings account hits 6500 I want to start up a T-bill ladder. It will complicate my taxes a little, but since I pay about 8% state tax, my effective yield, based on the past week would be 5.335%. For a better week, it could have been about 6%. I'll keep an eye on the rates while that is building, because they have been dropping.

It really won't generate that much extra revenue since I'm working with just a little money, but it is something slightly more "advanced" to do with my cash savings, still pretty liquid, and will continue to work as my cash savings grows.

Now if only those rebates from this laptop would show up. Seriously, I hate rebates. This is the first major rebate I've ever had, and it's turned me off of the process.