I’d had it with the next-to-0% interest Bank of America pays on checking account balances.
I bet you feel the same, because it isn’t just my bank, or just checking accounts for that matter.
It’s become next to impossible to get a decent interest rate.
I just saved hundreds of dollars.
All it took was paying attention, and acting on what I realized.
Before I give you all the details, I’d like to make a small detour to set up the context.
There’s something many great jokes share.
They start off with an everyday occurrence…
It was a weekday, early September, 2010.
A pleasant time of year in Maryland. The sky was blue with just a few clouds, the temperature was in the low 70s, with a brisk breeze reminding me autumn was coming.
As usual, I drove in to the small engineering services company…
It was predictable.
I’m not talking about the spike in used-car prices, though that too isn’t surprising.
No, I’m talking about the doomsday drumbeat about “through-the-roof” new-car prices. Here’s a representative sample of half-a-dozen pieces harping on that theme:
We all love simple rules, don’t we?
They help us feel more control in a complex world where we have so little control over our circumstances.
Go to college, get a degree, get a job, work hard for several decades, then retire comfortably. …
If you’re reading this, you’re probably one of over 157 million Americans employed by someone else.
You’re also far more likely to be among the nearly half of employees unhappy with their job and/or employer, than among the 13% who are largely satisfied.
Finally, you’re likely one of over half…
One of my favorite websites is despair.com.
You know those slick motivational posters big companies love hanging on their office walls? Like “Teamwork” or “Success”? Well, Despair sells products that mock those posters.
Their website says:
“MOTIVATIONAL PRODUCTS DON’T WORK. BUT OUR DEMOTIVATOR® PRODUCTS DON’T WORK EVEN BETTER.”
It isn’t for everyone.
If your business struggles to turn a profit, this won’t help. But once you make (much) more than you need to cover expenses, it’s time!
Different than most, I was actually happy when my taxes were first on track to exceed the median US salary.
I know it’s unpopular to say so in some circles, but yes, money can buy happiness.
Certainly, as my mom’s experience of poverty early in her life taught her, having less money than you need buys misery.
Then there’s that research people love to bandy about, that they claim proved…