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To: entropy12

I don’t bother maintaining a savings account for the reasons you stated. They can also raise credit card rates to the roof, if they like. I’ll continue paying in full every month so as to accumulate zero interest charges.


7 posted on 12/27/2018 4:29:31 PM PST by sparklite2 (See more at Sparklite Times)
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To: sparklite2

I do the same on credit card bills...have not paid interest on them since 1997. OK I did pay once because forgot to pay on time. Still not bad considering we have 3 active cards usually.

As for saving accounts and CD’s...have none. I am forced to buy hi-yield bond funds (risky risky) which are all in variable annuities. At least annuities are tax deferred for unlimited amounts.


13 posted on 12/27/2018 4:36:52 PM PST by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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