Opening ING Direct Savings

After I deposited my tax refund, I opened an ING Direct savings account. Since I got a referral, they added $25 to my savings account for making an initial deposit of $250. I deposited $750 that will go toward paying off the WAMU credit card after the interest starts accruing in November. Until then I will be earning interest on the money. OK, very little interest given the current interest rates but still.

AMEX is Paid Off!

Hurrah for tax returns! I just sent off a payment to AMEX that brings our balance down to 0 and frees up $100 a month for our debt snowball. Dave Ramsey is right about how good it feels to pay off a debt and have one less payment each month.

Husband pays for the AMEX card out of his account so I will have him redirect the $100 per month to the car loan.