But I think this awesome concept could go even one step further. Instead of leaving all the cash you have been redeeming sit in your Ibotta or SavingStar account. Why not deposit it into a savings account to earn a little interest too!? The idea behind this strategy is that you are leaving cash it in the accounts so you don’t spend the savings before the Christmas time goal. So I understand why you may not want to put it into your current savings account. So why not open a Capitol One 360 Savings account just for this purpose! Capitol One 360 and they offer a great online- no fee, no minimum savings account. And check out the high interest rate- 0.75%! Hey every penny counts (that’s $0.75 for every $100).
What do you think for Lisa’s savvy built in budget idea? And do you think it is smart to transfer it to a savings account for more savings?
Thanks for the inspiration Lisa! 🙂