ClaraOswald
It can only good happen.
- Joined
- Feb 12, 2014
- Messages
- 5,783
1) Step 1: Open a brokerage account online
2) Step 2: Link it to your bank account
3) Step 3: Transfer money to the brokerage account instead of buying a gift card (it will likely default to a government money market, you don’t have to do anything special).
4) Step 4: Watch your money pay your interest every month.
5) Step 5: Transfer money back to your bank account when the target bill is due from your gift card purchases in December
6) Step 6: Repeat every year except you don’t have to ever do Step 1 and 2 again!
Step 1 is the one that seems too overwhelming to me. I wouldn't even know which to choose.