Monday, September 10, 2007

Daily Interest

Made $1.17 yesterday on interest.

I usually like to imagine our savings as an army fighting for us. Each dollar equals one soldier in that army. As the "generals" so to speak, we can either let our soldiers chill out, or we can put them to work.

At 5% interest, 100 of these soldiers can go out and "capture" or "recruit" 5 more soldiers over the course of a year.

Today we've managed to capture another soldier for the army. One dollar doesn't sound like much, and it's really not. It's the dollar after dollar after dollar that really adds up. And once the dollars you've created start making dollars, things move really fast.

Current Savings: $18,273.99

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