How To Make Your Money Work Harder For You
Copyright © 2005 Robert Dickson
If you had the opportunity to earn over three times as much as
you are right now, would you do it?
Of course you would! Who wouldn't want to earn as much as they
could, provided it required no hidden costs or extra work.
Though it may seem like a simple question, most Americans are
constantly passing up the opportunity to earn 3% or more on the
money in their bank account, even though it costs nothing and
takes five minutes to setup.
It seems like everyone you meet still has their money in a normal
checking or savings account, that pays less than 1% interest per
year. It boggles the mind to think that so many people would pass
up the opportunity to earn upwards of 3% per year APY, especially
when it's so easy to open an account.
Higher-interest savings accounts, like the Orange Savings Account
from ING Direct ( http://www.OrangeAccount.com ) take 5 minutes
to open, charge no fees, and require no minimum balance. You can
transfer the money electronically as much as you'd like between
your normal checking account, and your online savings account.
There is no better way to earn a nice return on your money with
no risk at all.
While most banks are keeping their interest rates low and steady,
online banks are constantly raising their rates, in an effort to
compete for customers. These banks charge you nothing, and pay
you _dollars_ every month, instead of cents.
Earning over 3% interest is as easy as opening an account, and
linking it to your current checking account. You can transfer
money back and forth easily, and without any fees, and your cash
is as safe as it would be in the bank down the street!
It's easy to make excuses, but no one has a good reason why they
should continue to earn peanuts on their savings, when they could
be earning cold hard cash.
Don't put this off. The sooner you open this account, the sooner
you'll be earning some real interest on your hard-earned money.
Robert Dickson Writes For MoneyAide.com,
The Personal Finance Resource.
Download His Free Report,
"Save More Than You Ever Thought Possible"
at: http://www.MoneyAide.com
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