Stop Making Cents

Bank of America Offers Round-Up Savings Account

Source: Reuters.com

If you sign up for Bank of America's new service, every time you charge something on a debit card, they'll round up to the nearest dollar and put the loose change in a savings account. Now if they only rounded up to the nearest $100, we would have a fighting chance of increasing our savings rate to the point where we wouldn't have to borrow money from abroad to finance our profligate lifestyles.

Now if you'll excuse me, I have to book my next European vacation, make dinner reservations for tonight, and show those online punks who's the REAL king of Texas Hold' Em.