An Investomom recognizes that, although they don’t offer interest rates, savings accounts are still viable. They still serve as the insured resting place for emergency funds. Most financial institutions offer electronic banking systems that can turn your bank account into a wealth building strategy. Investomoms make it automatic by opening an online investment account and adding a dollar a day through monthly electronic transfer. The power of online banking, index funds and compound interest can create large amounts of wealth with little effort.