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Money market woes

October 21st, 2010 at 12:55 pm

Nothing much going on financially. I have been hunkering down, trying to spend little after the excesses of last month. Last night I was extremely vigilant about not using electricity. Found that there is so much light leaking in my windows from the parking lot that I can get around quite well without lights!

During all the wedding hoopla, I got a letter from TIAA-CREF saying that they would start charging a fee if I didn't increase my balance in my money market account. Now I can't find the letter, and I can't remember what the balance is supposed to be. I emailed them yesterday morning, but got no response yet. It isn't anywhere on their website. I guess I'll try to call today and talk to a real person, but that is always so hard in this day of automated voice mail.

I think I don't have enough to raise the balance, which makes me question whether I want to keep the money market account. I don't care to PAY for a savings account. The kicker is that I have an automated deposit to that account, which I would have to stop, and I know from experience it is very hard to make changes stick with TIAA-CREF. Sometimes I think I'd like to just stick my money under the mattress.

2 Responses to “Money market woes”

  1. Homebody Says:
    1287678371

    Don't you hate that, paying for an account? I have considered the mattress too!

  2. CB in the City Says:
    1287694742

    I got my reply. Turns out it was a letter sent to everyone, but it didn't apply to me, as I have automatic payments. Therefore, no fee. Whew!

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