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Old 03-14-2011, 01:28 PM   #142
CrazyPhuD CrazyPhuD is offline
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Join Date: Jun 2005
Casino cash: $10005050
Quote:
Originally Posted by Saul Good View Post
Maybe I'm reading this wrong, but it looks like you had a $2364 balance from last month.

Do you cash out stocks every month to pay your credit card bill, or do you pay out of your checking account? Assuming that you pay out of your checking account, I don't see where you are making any money on the float.
Don't keep significant cash in a checking account. Keep it in a savings and transfer when needed. While not as good as it used to there are still plenty that pay 1-1.5%. You always need some degree of liquidity anyway.
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