I had a question about #16. "With interest rates so low, search for promotions which give you money when opening a new banking account. Although there will usually be a minimum deposit and the minimum amount of time the account must remain open, you'll likely come out better than putting your money in an account with a higher interest rate, but no opening cash bonus."
would it be a bad idea to open up multiple accounts in order to cash in on free money when opening an account? for example... i signed up with ING through here for the free $25. Would it be a mistake to take that same money (or whatever the minimum is for opening a new account at another bank) and open up an account, say at Bank of America, because they are offering $50 for opening an account with them? and what kind of problems might occur from doing this...? that is, what if i opened the account, left the money in there for the bonus cash and then when it clears close the account (if it isn't worth it to keep it open)? just wondering...
