So often I come across people all the time who say they are trying to save. I tend to ask people when we are talking where are you banking? Whether they are banking at Wells Fargo, Chase, Bank of America, and many of the others I never hear people say they bank at online banks. It wasn’t until about 10 months ago that I was very frustrated by the fact that my local credit union and bank could not give me more than 1.25% on my savings account. To me that is garbage! I did some research and came across ING Direct. The rates at the time were 4.5% annually and there were no fees or minimums and no commitments. I signed up and over time have earned way more on my money and it is “free money” that we could all use a little more of. To this day people are still scared to use internet banks but if you do your research you can see that they are FDIC insured just like the traditional ones that people still go to. So if you are going to save money for the love do yourself a favor and get the most out of your money and earn more interest.