6 ms·
93 $ a month, how much rate of interest does your bank pay ?
by blastofrocks 8y ago
93 $ a month, how much rate of interest does your bank pay ?
- yurishimo 8y agoIf you have a 2% interest rate, 10-15k in your account will generate that amount monthly. Totally doable if you’re living in a country with a COL that low to begin with.
- albertgoeswoof 8y agoDue to inflation the value of the money is going down though, so I don’t think this is really income, unless you’re getting returns greater than inflation.