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| General Discussion Please read our Forum Rules before posting Feel free to talk about anything and everything about money. |
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I can remember when we use to take a whole day off to go to the mall. (it is a two hour drive away, one way) The whole idea was to take a day off to go and buy stuff!! When, I didn't buy anything, my husband would almost get upset. It was a fun thing to do.
Now, i don't like to go shopping. I was buying things I really did not need. I much more enjoy going to the bank once or twice a month and adding money to our money market account. I love watching that interest build up, day by day. |
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I really enjoy saving money. I like to put money away each day in my cash box and then take it to the bank about once a month. I love the fact that I have not had to touch my savings for anything at all this year. The $20 challenge has been a big help in my saving money!!
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I love saving money. It is like a game for me. I thrive on the adrenaline rush fueled by my math skills which I am constantly using to compete against merchants who try to sell to me.
However, I hate it when others know I am saving money. It seems that everytime we save enough money to buy a house, someone comes into our lives and spins a heartbreaking story of personal disaster. I am tired of always be the nice preson, so I love saving money secretly and not let anyone know (except you guys, of course ) |
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I love it - but I may be getting a little carried away! Yesterday I opened my fourth savings account. I have a small one at my local Credit Union, ING, HSBC and I just started a money market account at TD Ameritrade. HSBC is my main account but I like to spread out the rest. I love interest!
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I love saving money, always have. I just wish my wife enjoyed it half as much as I do =)
It can add up really quickly if you have automatic savings. Right now we have 2 401ks, a roth and a 529 all automatically contributed to. After a few years you have a nice chunk of cash saved. |
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Steve, I know what you mean. I just opened up a new c.d. I try and have 6 figures in everybank in town. So far, I have 3 accounts and we only have 4 banks.
I love the fact that I am making more interest in six months, then I ever earned in one year. |
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I try to find ways to pay for unexpected things without having to take it out of savings. I managed to buy the riding mower last month with a bonus that my husband got from a customer.
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I'll tell you what I really like. Last night my wife and I paid all bills for the month. And had a good amount left over.
That felt good. Is that saving? Well, yeah....I could have run right out and bought some books or something but I didn't. I love saving money. |
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When I first learned about mutual funds, I opened way too many different accounts. It was easy then because the minimums were so low. You could open an account at American Century (then it was called Twentieth century) for any amount, even $5.
I have closed some of them, but I still have too many. |
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Quote:
We don't use ING, but use a credit union the same way. We have a Christmas Club account, a regular savings account, and a vacation account. It's nice seeing the balances rise and knowing the money is earmarked for a specific purpose. |
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Last Night I felt like having a celebration. My son told me how he has started saving!!!
Most people wouldn't think that was much of a milestone.... but this is a first for 26 year old son. He's finally found a motivation to save. The good part about this is that he's turned saving into an automatic exercise. His financial personality type would never be able to save if they didn't put it on automatic. |
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Wow, that is great. I talk to every young person I meet about saving. I was trying to convince a waitress to just save $2 a day and put it away. She is only 18 so she could be rich if she would do that.
She says she spend $7 a day on cigarettes and cold drinks! |
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