RE: A few thoughts on cash savings and regular saver slush funds....
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It is great that you keep account of this and know its value. Rather than mourn the loss of interest, you should celebrate the fact that you have gotten $600 or $1000 ahead! Anything else is a bonus.
I think hbd has ruined me for savings interest. I have looked at some savings accounts up here and a couple percent is almost insulting! I have a feeling our banks and government do not want us to be taking flowing cash out of the economy, socked away in savings accounts costing banks any money. They want us in debt and paying for it.
So, kudos to you for making the habits to be ahead. You should be as proud of it as I am my HBD savings interest the same way. With a little good luck, nothing will require those nest eggs and we can build them.
I do like HBDs, but it's still a risk, no guarantee to be stable and the whole crypto thing could go tits up any moment. I'd be reluctant to store more than $20K in HBDs. Maybe I would do more, but only for a very short time period!
Agreed. But we are both talking $1 grand so that is a good risk. Plus, keeps it away from the prying eyes of the government! ;)