Comments on: Pay Yourself First

By: Christian Finance

Christian Finance — Tue, 15 Jul 2008 05:18:35 +0000

Hey, check out my submission for the Pay Yourself First video contest:

Watch and rate it!

By: Seamus

Seamus — Wed, 04 Jun 2008 12:10:33 +0000

I find it a sad state if a person needs these types of prizes dangled in front of them for the thought of putting money into savings to cross their minds. If that is the case, I feel these types of people will pull their money out of the account once the contest is over.

By: debt consolidation unsecured

debt consolidation unsecured — Wed, 04 Jun 2008 07:07:18 +0000

As a challenge, I thing that saving money can turn a rewarding experience as there is a motivation contributing to awareness.

We spend too much and despite we are encouraged to start saving it seems like healthy finances are not as attractive as a contest.

By: Luke @ Money & Fitnes Blog

Luke @ Money & Fitnes Blog — Wed, 04 Jun 2008 00:59:01 +0000

I’ve used FNBO before and while I had very little problems, they loved to take five business days to move your funds. It took forever and just killed me when I moved money too often (That was my fault). I am not sure what their interest rate is and I haven’t checked out the site but keep that in mind if you are opening an account.

Going back to the contest, it is definitely an interesting idea. I wouldn’t mind $10.

By: Tim

Tim — Tue, 03 Jun 2008 17:44:22 +0000

Kudos for encouraging saving, but if I win a free vacation, I’m more than likely going to be a very good consumer while on vacation. And I like the “…by depositing their money into an FNBO savings account”

Certainly no conflict of interest there.

FNBO is in it to make money. They’re betting that they’ll earn (off of their investments, interest and other vehicles) _at_least_ enough to cover that 45k. And with lots of new customers I’m sure they’ll be as happy as a pig in mud.

I should be able to choose where I save my money, whether it be with FNBO or my mattress.