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Travel Budget, Money Matters, Financial Talk Mom, can I borrow ten grand?! Gimme yo mastercard! How the heck can I pay for my trip?! Ideas for making money. How much dough do I need?

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Old 04-29-2005, 12:37 PM   #1
benna2
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Last year I started putting money into an investment, not really saving for anything in particular...I just wanted to put some money away and not be able to waste it.

So I went to the bank and opened a GIC account (this is Canadian, probably worded as something different in other countries) I got a two year one, where every month the bank transfers $100 from my checking account and puts it into the GIC. I get a 2.3 % interest rate (not great, but the interest rates haven't been spectacular lately)

So the money just builds up and I don't even notice that I am missing any money. By the end of the two years it will be up to $2400 plus about $460 interest. So that is almost 3 grand people, enough to at least get started on a trip.

Sorry if I am boring anyone with my sleepy money talk...I am reading a book about investing, so I wanted to share.
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