40¢ a day
With this shift from debt interest paying to interest earning, I'm gaining in excitement.
At the end of April I was only short of last year's interest and dividends earned of 40¢ a day ($97.36).
On one hand it is only so small, because we didn't make squat last year. I guess this qualifies as the bad.
On the other hand, we are making much better strides this year. Especially with only 1/3rd of the year past. This is the good.
Not all accounts are equal - but by my easy calculations:
- ING Direct - $1.35 a day
- HSBC - $0.24 a day
- Brick & Mortar - $0.01 a day (joke)
Not counting bonds, PayPal, MMK Interest, or Notes Held, we are earning $1.60 a day. SWEET! That means every day we cover 4 of our need to match last year. Covering 124 days of need in the 244 days of earning that are left, in May alone.
That means starting June 1st, if nothing changes, we will have 213 days to earn $48. That is only $0.23 cents a day. A very attainable number.
I wonder if it is possible for us to double last years. Ahhh, I shouldn't go crazy. Especially with only 3 months till college payments - OUCH!
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