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Always put it in the bank (savings and loan or credit union) no matter how small the interest rate – it is a bit more than in the end than without it. A good deal of what husband and I are living on comes from what started with the 1 cent weekly allowance I saved up in the “bank of mom” (a lunch box) before I started kindergarten and continued straight through until he quit his job in the early 2010’s – and why he was able to quit.
Always put it in the bank (savings and loan or credit union) no matter how small the interest rate – it is a bit more than in the end than without it. A good deal of what husband and I are living on comes from what started with the 1 cent weekly allowance I saved up in the “bank of mom” (a lunch box) before I started kindergarten and continued straight through until he quit his job in the early 2010’s – and why he was able to quit.