Feeling Blue? Go Orange!!!

Well let me first start out by saying thank you to Heather for the inspiration of today's posting. Yesterday we talked about "seeing ourselves" as bills that have to pay. And sure, some of us list this as "Savings" each month on our budget, but let's all be up front and honest, it just means, that this is your safety net. It is usually the first thing to get taken out of the equation when an item sparks our fancy, right? Absolutely!

Today is a new day, and with that comes opportunity. For the last 5 years I have had an account with an online bank that came very highly recommended to me. That bank is ING Direct. Go ahead, click and see for yourself. It is the reason that I have stayed with them this long, and as most of you know, I have not truly been utilizing them for all they have to offer. But no longer!!!

Sure, the market took a hit and a 1% savings account is about the norm, however you usually need to have a certain balance and keep that rate, well, not at ING. The best part is that you don't have to cancel your old bank account, and go through the hassle of getting everything lined up again (you can if you want to though), you can simply link the account, carry a balance of .01, that's right ONE CENT or more, and you will incur NO penalty. But what if you go over, surely this is where they are going to hang you by your ears, right? Nope!


This is actually from their website in regards to either their savings ElectricOrangeSavings or their checking OrangeSavingsAccount options, but it is up to you, see what works best, but let me just point out two things. Under their ElectricOrangeSavings, not only do your deposits earn interest, but they are completely liquid, meaning that if an emergency comes up, you can have the money transferred to your linked account in about three business days.

Check out some of the things that come free with the ElectricOrangeSavings;

The account comes With FREE Stuff like:

Free MasterCard® Debit Card for all purchases
Free Online Bill Pay
Free access at over 35,000 ATMs
Free postage - we'll mail your paper checks for you

Now, if that is not enough to at least get you to think about starting up an account, then go to this link and tell me you wouldn't ditch your current bank in a second. Go to ElectricOrangeSavings and in the top left it addresses how they compare to the ENORMOUS overdraft fees from (most) other banks. It is outstanding, andthat's why it was important enough for me to bring up. If we are going to save our money, or try and grow it, they let's look at the places that are truly trying to get us there.

I hope you all enjoyed this as much as I did. Thank you again Heather for the idea!

As always, thank you...The Runner