How we organize our money
We keep this balance at about $600 to cover our deductible
Saving up for our first house
We earn 1.6% in interest on the money in our savings accounts at Ally bank. This adds up to about $300 each year.
We bring home about $5,000 each month, then organize it in our other accounts as shown here.
The app helps us keep track of our bills.
Defend Your Money is helping us save for retirement, build credit and maximize our credit card rewards. The best part is that it takes us less than 30 minutes a month.
To pay it forward we've agreed to share our financial life with you. We hope it shows that with just a little bit of planning you too can begin towards working towards your financial dreams.
A money tip: "Compound Interest is the 8th wonder of the world. He who understands it, earns it… He who doesn’t, pays it…”
- Albert Einstein