START SAVING AND LET THAT MONEY BUILD ITSELF

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I just discovered the site The Tao Of Making Money where the author compares different high yield (better interest rate) savings and money market accounts. Very useful if you want one place to compare different rates and opening minimums. For me, right now, I’m sticking with ING as my savings account. As I mentioned I’ve been using them for years and have grown to trust them (and I love the sub-account feature). Now if I see that ING keeps lagging in the interest rate level then I’m going to have to seriously consider one of the other banks.

This chart also makes me more curious about the money market accounts out there. I’ll let you know if I take the plunge and transfer some money there but that’s a post for a different day!