It's official. I've entered the Online Savings world. I got my password from HSBC in the mail today, logged in, and ta-da, I see my accounts! This is the start of my E-fund and while it only has $10.00 for the initial start-up, I can't wait to see it grow.
I actually have 2 HSBC online savings account. One is set up for my daughter. My mom has been depositing a small amount per month into a savings account at her local credit union in Louisiana. After her recent visit, I convinced her to move it over to an online account that will increase her dividends 10-fold. It really was ridiculous to see her get $1.00 in dividends for the year. Of course, there isn't a lot of money in there, but still! :)
I'm pretty proud of us. I've learned a few things by reading other blogs and I've already incorporated them into our life. The key now is to continue to stay focused! More on that soon...I want to publish some financial goals to keep me on track.