Archive for the ‘savings’ Category

Ramit Sethi at I Will Teach You To Be Rich has a 30 day challenge, to save $1,000 for the month of November. This is AWESOME, and I am definitely on board. However, I have a really quick solution to saving $1K this year. It’s not going to take you 30 days. Simply don’t go […]

Wells Fargo Checking – basically is a pool of money to pay off my credit card bills. I only keep as much as I need to make my monthly payments with a couple hundred dollars for cushion. I have budgeted 1/3 of my paycheck for expenses. Wells Fargo Savings – just a backup for my […]

A few days ago I posted on five things you should splurge on. Well there are two sides to every coin so drum roll please… Gym Memberships –  If you are going to go to a gym, are smoothie bars and massage parlors going to make a difference to you? You are going there to […]

(bling is Paris Hilton’s thing. If you like it, buy it) People sometimes get too caught up on saving. If you are disciplined and spending less than you earn then I say splurge on the things you enjoy. Personally, I love eating out and buying gadgets. There is no need to cut back on what […]

Certificates of Deposit (CD) are for two types of people: Those who are too chicken to invest in the market Those setting up an emergency fund I hope you are reading this article for the latter, but I digress. Throwing your money into 1 big CD isn’t a good strategy. Try laddering instead. Examples For […]

Invest or Save?


What a dilemma it is to have money lying around eh? A friend of mine came to me and asked me what he should do with all of this money he has sitting in a bank account at Wells Fargo. I told him to invest. Those of us in our twenties are at a point […]

Ah, its that time of year again. Final exams are ending and lots of excited seniors will be graduating and dipping their feet into the water known as the real world. With a steady paycheck, many forgo their Ramen-led lifestyles and then some. Life is good. Splurging will only last so long. What do you […]

Do you have to invest all of your investment money into retirement? No. A non-retirement account can be used as a part of your savings so that you can tap into it before you retire without any penalties. Lets take a look. Conservative Investors Say.. Fund 401k up to the maximum employer contribution Fund Roth […]

The last thing people want to do once they start working is to budget. Who doesn’t want to spend their hard earned money on a fancy dinner, or a new stereo sound system? Spending less than you earn is the key to financial prosperity. You’ll have money for an emergency, money to invest, and a […]

NOW You are not making the most out of your money by keeping it in a regular savings account at Wells Fargo, Bank of America, or <insert your favorite brick & mortar bank of choice>. The thought of making less than half of a percent every year on your hard earned money is injustice. Less […]