On Friday, I opened a 9 month $3700 CD at 3.6% APY. This will cover the $3400 needed to pay for my LASIK. It will earn exactly $100 by maturity, leaving me with a nice sum of $400 that will be available right at Christmastime.
LASIK Plus offered me no interest, no payments for 12 months. A friend questioned why I don't just pay off the surgery if I have the money available and get it over with now? My answer was the $100 interest I can make on it! Why give it to the company before they demand it? Some people just don't share views!
Although my checking interest rate is still 3.82%, I feel it is good to lock in this 3.6% CD in anticipation of the FED lowering the interest rate another 0.75% (to 3.0%) this coming Tuesday.
Savings for LASIK - done!
March 16th, 2008 at 07:20 pm
March 17th, 2008 at 12:32 pm 1205757146
March 31st, 2008 at 12:48 am 1206924481