ING direct is having a contest where you could win $10,000 for writing about your savings experience. A link to the contest can be found at the bottom of this article. The text below is what I submitted for the contest.
I would describe my savings plan as being similar to riding a motorcycle. ING has helped me accelerate my savings with their high interest rates. I’m 21 and I’ve given myself until I’m 25 to save up enough money to start a business or invest in real estate. Yeah, I like everything to happen fast, and ING doesn’t allow me to hit the breaks on my savings, the automatic savings plan saves my money even when I don’t have the gas to do it myself. When I get a flat tire and I’m low on cash because all of my college loans need to get paid, I put my money into an ING CD so that I’m sure I won’t touch it. I’ve invested some of my money into an