Interest rates :(
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Interest rates :(
| Tue, 03-10-2009 - 11:16pm |
I just logged in to ING to see the interest rates for my savings. They are down to 2.0% on all of the accounts I have. It feels like I blinked and they have gone from 3.75 or more down to 2.0. It seems like such a drag. I know I need to be happy that I am making enough money to be able to save some, and these are CDIC insured so the money isn't going to disappear on the stock markets, but still. I wish it was a bit better.
If anyone has any suggestions for better ways to save money (I'm in Canada) I would love to hear them.

I am crying in my beer
I noticed that every month ING has adjusted the interest rate lower and lower.
HSBC, which is usually competitive with ING, has also been going from a high of 4% down this week to 1.85%.
Teresa
http://www.affordingpickles.blogspot.com