tag:blogger.com,1999:blog-2608523444133676064.post7218308654504718146..comments2023-10-24T04:42:01.698-04:00Comments on piggybankblues: The Online PiggybankPiggyBankBlueshttp://www.blogger.com/profile/06690849714922488666noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2608523444133676064.post-82820340359722439142007-08-22T00:33:00.000-04:002007-08-22T00:33:00.000-04:00you read my mind! my next post was going to be on...you read my mind! my next post was going to be on IRAs. it's probably best for people who have to invest a little at a time to open an IRA directly with a mutual fund company, say T Rowe Price, and have the funds automatically taken out of your checking account and invested in your retirement fund on a monthly basis. but more on that later... <BR/><BR/>regarding saving for an emergency fund/rainy day/plain old piggy bank- hsbc, citibank, emigrant direct- they are all great online banks that had/have higher interest rates than ING. when i signed up for ING it was the highest, and i've just grown accustomed to it. it's really just a matter of using what will make saving a habit you don't feel like breaking. just be sure to read the fine print about account requirements, fee structures, and any amount of time it takes to transfer money between accounts.PiggyBankBlueshttps://www.blogger.com/profile/06690849714922488666noreply@blogger.comtag:blogger.com,1999:blog-2608523444133676064.post-72441529815807197312007-08-21T13:40:00.000-04:002007-08-21T13:40:00.000-04:00HSBC earns even MORE that ING.Right now I think it...HSBC earns even MORE that ING.<BR/>Right now I think it's at 5.05% but has gone up to 6% during promotions.<BR/>Another way to set up a forced savings:<BR/>open up a brokerage account (like a low to moderate risk mutual fund) and transfer $333 every month (if you can) into that account. <BR/>at the end of the year you have your IRA contibution! <BR/>just transfer the $$ to a roth or trad. IRA, depending on your needs for that year.misszisshttps://www.blogger.com/profile/00280398710788974932noreply@blogger.com