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Money in Paypal

May 11th, 2007 at 06:45 pm

I have about $22 sitting in my Paypal account right now. It's accumulated from various Pinecone surveys and/or getting paid for writing blogs on my myspace account. Since I started giving Kiva gift certificates as gifts and buying things now and again from places that accept Paypal I have found it useful to just leave the money there and be 'surprised' because what I wind up spending is less than I thought because I usually forget the money is there until I get a notice from Paypal stating that another deposit has been made.

In the past it hasn't really been more than maybe $10 before I bought something. Now that it's over $20 I'm wondering if I shouldn't transfer that much out and put it to better use (savings, etc). Or just leave it because birthdays are inevitable and having money there would be useful.

Any thoughts?

Posted in Incoming cash | 3 Comments »

3 Responses to “Money in Paypal”

  1. ladymiller Says:
    May 11th, 2007 at 07:00 pm 1178910018
    1178910018

    I would leave it there. I find it so helpful when I need a gift or see a great deal on the internet, I use my "free" money in paypal.

  2. Cheryl Says:
    May 11th, 2007 at 07:19 pm 1178911183
    1178911183

    I agree, leave it in Paypal, it's really not enough to generate a lot of extra interest $$, and you may need it. It's like a MINI-emergency fund! I always keep some money in mine, I use it for gas, groceries and unexpected misc expenses. It comes in very handy.

  3. homebody Says:
    May 12th, 2007 at 04:28 am 1178944135
    1178944135

    I do what ladymiller does, except I don't have any right now... rats.

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