Free money

Back in April, I opened a CD with my credit union which was paying a high interest rate at the time. I pretty much forgot all about it. Today, when paying a bill online, I took a look at the CD and noted that as of August 31, I have earned $101 in interest from that CD. I have the option of adding up to my initial deposit before the CD matures, and I think I’m going to do it. $101 bucks for doing absolutely nothing is not bad. By the time 13 months is up, I could have another $200-300 in interest. Of course, interest tends to be taxes at a higher rate so I plan on using the money for various charitable donations. But still, that’s pretty cool!

And to be honest, I can’t believe I forgot about the CD, as it’s not an insubstantial amount of money. That’s just not like me to be checking it at least once a month, let alone once every five months.

Published by Jamie Todd Rubin

Jamie Todd Rubin writes fiction and nonfiction for a variety of publications including Analog, Clarkesworld, The Daily Beast, 99U, Daily Science Fiction, Lightspeed, InterGalactic Medicine Show, and several anthologies. He was featured in Lifehacker’s How I Work series. He has been blogging since 2005. By day, he manages software projects and occasionally writes code. He lives in Falls Church, Virginia with his wife and three children. Find him on Twitter at @jamietr.