Online Banking

Get rid of your crappy Bank of America savings account (or whatever other low interest bearing account you may have) and put your money in an online bank. Two of my favorites are ING Direct (http://home.ingdirect.com/) and Countrywide Financial (http://my.countrywide.com/). Currently, CWF has a better rate (5.4%) so it's my primary savings account but ING Direct has a MUCH better interface. I'd recommend that if you are just getting started in online banking for your savings account, go with the ING account. It's very easy to use and easy to transfer money. If you start an account and refer your friends to ING, you get a bonus (and so do they!). No matter which online bank you use, look for no fees to transfer money to your external account (usually your checking account). Let me know how it goes!