Comments on: Using ING Sub-Accounts to Save Hundreds on Student Loans http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/ Money issues for college students and 20-somethings, without being boring. Tue, 24 Apr 2012 13:02:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Pierre Raymond http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-200676 Pierre Raymond Wed, 12 Oct 2011 17:31:54 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-200676 Having debt in general is good in today’s society, but learning how to manage debt can make you financially free! Thanks for sharing this info! 3000 loan is another blog that talks about managing your loans; student loans, car loans,etc… Having debt in general is good in today’s society, but learning how to manage debt can
make you financially free! Thanks for sharing this info! 3000 loan is another blog that
talks about managing your loans; student loans, car loans,etc…

]]> By: 10 "Un-Boring" Financial Blogs You Need to Read | TheHappySelf.com http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-78368 10 "Un-Boring" Financial Blogs You Need to Read | TheHappySelf.com Sat, 05 Sep 2009 21:23:08 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-78368 [...] Poorer Than You – Geared toward the 20-something crowd, this particular blog is about how to save money in your daily life, as well as how to plan for the future.  It also covers “common sense” topics that aren’t necessarily so “common” at that early stage in life, like how to check your credit report or “Using ING Sub-Accounts to Save Hundreds on Student Loans.” [...] [...] Poorer Than You – Geared toward the 20-something crowd, this particular blog is about how to save money in your daily life, as well as how to plan for the future.  It also covers “common sense” topics that aren’t necessarily so “common” at that early stage in life, like how to check your credit report or “Using ING Sub-Accounts to Save Hundreds on Student Loans.” [...]

]]> By: Roger http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-74553 Roger Thu, 11 Jun 2009 01:25:34 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-74553 Not bad advice; personally, I'm a huge fan of automatic withdraws, but I usually have a steady income and expenses, making things a bit easier on me than on many other people. Excellent walk-through, though. Not bad advice; personally, I’m a huge fan of automatic withdraws, but I usually have a steady income and expenses, making things a bit easier on me than on many other people. Excellent walk-through, though.

]]> By: Rini http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-74016 Rini Thu, 21 May 2009 22:07:07 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-74016 How about setting up automatic transfers via ING to move the payment amount from your savings account to your checking account each month, a few days before the EDA? Simple, automatic, and effectively pays the loan "from your savings account" without them even realizing! How about setting up automatic transfers via ING to move the payment amount from your savings account to your checking account each month, a few days before the EDA? Simple, automatic, and effectively pays the loan “from your savings account” without them even realizing!

]]> By: michelle http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73962 michelle Mon, 18 May 2009 02:38:56 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73962 Thanks Stephanie. I did it. So nice to be able to separate savings goals from each other. I have my personal Emergency Fund and Vacation Fund now on different sub-accounts. Thanks Stephanie. I did it. So nice to be able to separate savings goals from each other. I have my personal Emergency Fund and Vacation Fund now on different sub-accounts.

]]> By: The Yellow Piggy Bank http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73957 The Yellow Piggy Bank Sun, 17 May 2009 05:26:17 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73957 I am with you on the automatic withdraws. Honestly, I don't understand why anyone need to automatically withdraw from someone elses account. Some people like this and it should be offered, but it should not be the only way to pay. My gym requires automatic withdraw. If you send an extra payment find out if you can have it go to your principle Good Luck! I am with you on the automatic withdraws. Honestly, I don’t understand why anyone need to automatically withdraw from someone elses account. Some people like this and it should be offered, but it should not be the only way to pay. My gym requires automatic withdraw.

If you send an extra payment find out if you can have it go to your principle

Good Luck!

]]> By: MK http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73955 MK Sat, 16 May 2009 23:53:16 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73955 Such a great idea! This is pretty much what I do with my car loan. I'm able to move the payments into my savings account when i know i have the money, and then it debits from my ING on the day I specify. I don't need to be concerned about it debiting from my checking and making sure i maintain enough in there to cover it and any other debits I may have coming out of there! Good luck on paying back those loans! Such a great idea! This is pretty much what I do with my car loan. I’m able to move the payments into my savings account when i know i have the money, and then it debits from my ING on the day I specify. I don’t need to be concerned about it debiting from my checking and making sure i maintain enough in there to cover it and any other debits I may have coming out of there!

Good luck on paying back those loans!

]]> By: Mike http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73953 Mike Sat, 16 May 2009 21:52:48 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73953 Steph it sounds like you have a great plan! I have a small percentage of my paycheck go directly into my checking account. U of Rochester lets you split paychecks to go automatically into any number of accounts. This money matches (almost) exactly the money automatically withdrawn from my account by my loan company. I don't have to worry about a thing! Steph it sounds like you have a great plan! I have a small percentage of my paycheck go directly into my checking account. U of Rochester lets you split paychecks to go automatically into any number of accounts. This money matches (almost) exactly the money automatically withdrawn from my account by my loan company. I don’t have to worry about a thing!

]]> By: hustler http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73952 hustler Sat, 16 May 2009 21:29:31 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73952 I definitely agree with you on automatic debits. I've come very close to over drawing my checking account because of them. However, like you, if it were to come out of my savings account I would be fine. Thanks for the info! I definitely agree with you on automatic debits. I’ve come very close to over drawing my checking account because of them. However, like you, if it were to come out of my savings account I would be fine. Thanks for the info!

]]> By: Stephanie http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73935 Stephanie Fri, 15 May 2009 19:22:22 +0000 http://poorerthanyou.com/2009/05/14/using-ing-sub-accounts-to-save-hundreds-on-student-loans/#comment-73935 You can definitely do it if you only have a saving account with ING. I had sub-accounts with ING before I opened a checking account with them. Now I have one checking account and four savings accounts with them, all under the same log-in. I don't know if I'll ever have steady income, so I don't know if I'll ever get used to automatic withdrawals from my checking ;) You can definitely do it if you only have a saving account with ING. I had sub-accounts with ING before I opened a checking account with them. Now I have one checking account and four savings accounts with them, all under the same log-in.

I don’t know if I’ll ever have steady income, so I don’t know if I’ll ever get used to automatic withdrawals from my checking ;)

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