I ran across a pretty good savings account deal this morning over at TechBargains.com. WT Direct, which is FDIC insured, is offering a cash bonus to new savings account clients. Go to WT Direct to figure out your cash bonus. Right now, their rate is 1.76% APY and they are consistently in the top 5% of U.S. Banks.
You have to deposit your money by August 15th and keep your funds on deposit with WTDirect through 10/31 to get your bonus, which unfortunately has to be a pretty hefty $50,000 to get $125. A more reasonable $10,000 is only going to get you $25. However, 1.76% isn’t a bad rate these days.
This is a funny ad from SNL, but it makes a good point. You don’t buy stuff you don’t have the money for. Too many of us have fallen into the credit card trap that this concept actually does sound foreign. Of course there are things that you need that can’t always help but put on the credit card, like car repairs that you don’t have the money for, or home repairs. If you need a couple of tips and pointers about proper spending, checking lovemoney.com and other similar websites can be a headstart. Proper spending can be more beneficial than you think. Spend wisely and reap its rewards in the future.
