http://thepennysaved.com/2008/04/01/ing-is-perfect-for-hiding-money/ Personal Finance, career, investing, retirement, saving and debt blog Tue, 06 Jan 2009 03:57:09 +0000 http://wordpress.org/?v=2.3.3 http://thepennysaved.com/2008/04/01/ing-is-perfect-for-hiding-money/#comment-879 Brian Thu, 03 Apr 2008 04:03:45 +0000 http://thepennysaved.com/2008/04/01/ing-is-perfect-for-hiding-money/#comment-879 Also you might consider a Money market account w/ check writing. Mine has a Minimum of $500.00 so I really think twice before writing a check. This works as my hide out money. Also you might consider a Money market account w/ check writing. Mine has a Minimum of $500.00 so I really think twice before writing a check. This works as my hide out money.

]]> http://thepennysaved.com/2008/04/01/ing-is-perfect-for-hiding-money/#comment-874 emilyg Wed, 02 Apr 2008 16:16:48 +0000 http://thepennysaved.com/2008/04/01/ing-is-perfect-for-hiding-money/#comment-874 I'm totally with you on this one. I got an ING account in January and set up an automatic transfer every week -- $15 from my Bank of America checking to the ING. That way I'm contributing to it when I'm not even thinking about it. It's also helpful because I'm not looking at it frequently along with my other checking/saving/credit card statements at BofA, so I am less tempted to do anything with it. I'm saving up for a trip to Europe and have been shocked at how fast I've been able to sock away money into the ING account. I never really thought of that being because it was "hidden money," but you are totally right! I’m totally with you on this one. I got an ING account in January and set up an automatic transfer every week — $15 from my Bank of America checking to the ING. That way I’m contributing to it when I’m not even thinking about it. It’s also helpful because I’m not looking at it frequently along with my other checking/saving/credit card statements at BofA, so I am less tempted to do anything with it. I’m saving up for a trip to Europe and have been shocked at how fast I’ve been able to sock away money into the ING account. I never really thought of that being because it was “hidden money,” but you are totally right!

]]> http://thepennysaved.com/2008/04/01/ing-is-perfect-for-hiding-money/#comment-871 Mrs. Micah Tue, 01 Apr 2008 17:45:54 +0000 http://thepennysaved.com/2008/04/01/ing-is-perfect-for-hiding-money/#comment-871 I like the idea of ING savings as a hiding account. :) It certainly doesn't lend itself to impulse buying. I like the idea of ING savings as a hiding account. It certainly doesn’t lend itself to impulse buying.

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