Get $25 Free for Your Kids -ING Savings Account

update- the Black Friday deal is expired, but this one is even better! Now get $50 free!

Open a Sharebuilder Account and get $50.00 free!

Simply open a new individual account, joint account or custodial account with Sharebuilder. You deposit $50, and Sharebuilder will match it with $50. Isn’t that great!

If you have been thinking about a custodial account for a child, this would be a great option for long term savings.

I opened an account with Sharebuilder just about a year ago. Whenever I can save a few extra dollars, I automatically transfer it from my checking account  to my Sharebuilder account. I also set up a small automatic debit from my paycheck to go right to my Sharebuilder account.

Between my savings and the gains that I made in my stocks, I now have about $3,000 in my Sharebuilder account in one year.

I know, it’s not a huge amount of money but I have not missed the money out of my paycheck, which means that I probably should increase it. The money that I save using coupons and cost cutting strategies usually just gets absorbed into the balance in my checking account. By removing it with this simple strategy, I now feel like I have a little something to show for it.

I am not qualified to give investment advice on how to pick stocks. My strategy is simple. Buy stocks that are a household name and that pay high dividends. I am using  the power of dividend reinvestment because even if the individual stock does not do well, at least I am getting paid a nice dividend which is more than what I am making in my checking or savings account due to the low or non-existent interest rates.

Sharebuilder is all about investing for the long term and not about day trading. They allow you to buy fractional shares so every penny of your money goes toward purchasing your stocks and they have three low-cost account options. You will find that they are among the least expensive option among all the online brokers, but with low minimums and great service which makes this so easy even for the beginner. Their customer service is fantastic.

Just click on their website below and you will see the promo code needed to get your free $50.

Expired-How about a Black Friday deal that puts $25 in your pocket? Hurry, this great offer is only available through November 28, 2010. When you open a Kids Savings Account at ING Direct, they will deposit $25 into the account for free, with no minimums, no fees and a great rate.

The $25 bonus starts earning interest right away and is available to be withdrawn after 30 days. Either you or your  kid(s) must be a new customer to ING Direct. Here is the link to get started.

There is no minimim deposit required, you can start with a deposit of 50 cents or a dollar, and ING will deposit $25.00.

I have had an ING Sharebuilder Account for about a year now and their customer service is superb. I have been very happy with my ING Account and can recommend this to my readers.

Take advantage of this generous offer and start a savings account for all the important kids in your life. Share this with a friend, this is a great offer!

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