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Tiny bit of interest earned

April 10th, 2009 at 05:03 pm

I earned $0.28 in interest in my savings account. I guess I will put toward my baby/emergency fund, bringing it to $2954.07. I won't bother putting on my sidebar. Smile

On another note, I totally forgot that my health savings account (HSA) will earn interest on the contributions that I don't withdraw. I've already earned $0.33 in there; not a ton, but heck, when's the last time health care gave me some money instead of bleeding me dry? Makes me think I should hold all my receipts and avoid reimbursing until the end of the year (or if I need the money for something) so I can earn a bit more interest.

Posted in Uncategorized | 3 Comments »

3 Responses to “Tiny bit of interest earned”

  1. merch Says:
    April 10th, 2009 at 05:40 pm 1239385217
    1239385217

    Thanks for the post, ceejay. I have been away for a while. Hopefully, I'll just get back into the groove.

  2. frugaltexan75 Says:
    April 10th, 2009 at 08:55 pm 1239396931
    1239396931

    Every penny helps!

  3. cityjane Says:
    April 13th, 2009 at 09:46 pm 1239659184
    1239659184

    Yep! this is the great advantage of the HSA. In three years we have gone from tiny interest deposits (16 cents!) to pretty good amounts ($16/month), plus because we got our balance above a certain level, they stopped charging us account fees. Best part is that I know that money I spent is there if we really need to get reimbursed. But for now, since we can afford it, I leave it alone and enjoy the balance going up each month!

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