Tuesday, September 1, 2020

August Interest Income

I make a point of tracking the interest we earn every month. This month I noticed that I had tracked interest here, but not in YNAB. YNAB stands for You Need a Budget and it is a financial software used for budgeting. I corrected that error of course! 

Our interest comes from three banks, FNBO Direct, Navy Federal Credit Union and USAA. Most of the money is in certificates of deposits (CDs) at NFCU.

Here is what we earned on our cash last month:

FNBO $15.71
NFCU $71.68
USAA $0.19
Total $87.58

Thankful for all interest earned...but yet still sad that rates have dropped so dramatically at the same time. 

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