Savings Accounts Destroy Wealth – Episode #24

Today Ethan Bloch lays down some knowledge sauce about the wealth destroying properties of conventional savings accounts. He does however, have a surprise in store!

Not working? Try the QuickTime version.

Drink on today’s thirsty thursday:

Emergen-C Vitamin C Fizzy Drink Mix, 1000 mg, Super Orange

Links from today’s episode:

The Inflation Monster – Episode #4
2.75% ING Orange Savings Accounts
EverBank

  • Thai

    ING Direct seems to be the popular option these days. I use them for all my short term savings goals. One rather obscure feature is the ability to create subaccounts - perfect if you have several short term savings goals that you want to easily manage in one place.. This is a simple hack that has made the rounds on many pf blogs. Google it.

  • Very cool. Thanks for sharing Thai.

    Cheers.

    Ethan

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