foofighter20x
11-04-2007, 07:07 AM
Anyone know if the campaign get interest bearing bank accts?
If so, it's smarter to give them the money as soon as you can as opposed to holding onto it for a money-bomb...
Think of it this way... An acct with APR of 3% (or .25%/month; 0.000083%/day) with $2.5M would earn $208/day or about $6,250/month.
Just from holding off the first 5 days of this month alone has potentially cost the campaign $1000.
If so, it's smarter to give them the money as soon as you can as opposed to holding onto it for a money-bomb...
Think of it this way... An acct with APR of 3% (or .25%/month; 0.000083%/day) with $2.5M would earn $208/day or about $6,250/month.
Just from holding off the first 5 days of this month alone has potentially cost the campaign $1000.