Way to Save

Loyal Readers know that hate and loathe are not strong enough words to describe how I feel about the good people at Wells Fargo. If you want a refresher course, feel free to click here or here.

BUT....I will say that the Wachovia program Way to Save has been a BIG helper to us. July was no exception. I tie these two companies together since they are now one and the same.

The way it works is everytime we use our debit card, $1 is transferred into a savings account. This money earns precious little interest, but since its an immediate transfer, we never feel the pinch. In July we had to dip into our regular savings for major home improvements but when the end of the month rolled around we still were dangerously close to the $0 balance line.

I transferred $50 from this account and we should be in the clear until the next pay day. Its not a huge amount I will grant you, but the breathing room this gives us is huge. Overdraft fees are a big problem, so its nice to not have to worry about them.