We keep ours in a MM locally that is linked to our online savings. Anything over a set dollar figure gets moved online where it earns better interest and is available w/i 2-3 days. The MM is also linked to our regular checking AND can have checks written on the MM account as well. Having them all linked makes transferring money around easy.
Having cash to pay the bill is great, but not always necessary. Many times when tapping the E-fund we just go ahead and use the CC and then move the money in from the E-fund later to payoff before any interest accrues.
Just recently when paying the tree-removal guy he didn't take CCs, so we wrote him a check. Now, the ongoing house-budget spending plan is rebuilding the e-fund the amount dispersed.
Last edited by LuxLiving : 11-10-2009 at 12:45 PM.
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