Saturday, September 1, 2007

CD

Today my wife and I deposited $8500 of our savings into a 6 month CD earning over 5 percent interest. It's dreadfully important to let your money work for you through the power of compount interest.

Last night we headed to an impromptu birthday party, and bought a cheap bottle of wine and a present along the way. I can't remember how much they cost exactly, but it came out of our "everyday" checking account, so I'm not too concerned.

In order to defray that cost, however, I did leave $37.75 of the $8,537.75 in our checking account. So our savings has (unfortunately) went down a bit.

Current savings: $11,870.36

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