2million - My Journey to Financial Freedom

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Friday, August 11, 2006

First Joint Savings Account

Fresh off a big vacation, my fiancee and I have decided to start a regular savings program for future vacations. We always talk about putting money aside for vacations, but in the end we haven't done it.

So our plan now is to open a joint HSBC online savings account and setup small monthly contributions to a vacation fund. HSBC is currently yielding 5.05%APY and is offering a $25 Best Buy gift card when you open an account.

We are still discussing contribution amounts, but we may start with my fiance contributing $20/month and myself contributing $40/month. This should be small enough not to impact either of us financially, but will make sure we have some money set aside to have some fun!

4 Comments:

  • That's a big step. Congratulations.

    By Blogger Tiredbuthappy, at 2:03 PM  

  • Hey 2 Million,

    Congrats on setting your goals together. I'm sure this will lead to bigger and better things for you both.

    Best,

    James

    By Blogger James & Miel, at 6:46 PM  

  • good luck to you for setting that goal.

    By Blogger Luu, at 8:19 PM  

  • I hope that your plan will work out for the best. This was a good plan to start up. Any plan won't work out if there is no action being implemented.

    By Anonymous wireless internet for laptops, at 4:49 AM  

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