The other day, J. Money posted about how he’s planning to start buying stocks again. I commented that buying stocks scared me a bit, but it got me to thinking. I’m not in a position to start heavily investing in the stock market, but I think it might be a good idea to take a [...]
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Throughout 2008, I put $1 a day into a high yield savings account. Well, in theory. In practice, I transferred the funds once a month. In 366 days, my account is now at… $371.22! Okay, so it’s only an extra $5.22 in interest. But it was an easy way to put away close to $400. I [...] Barely any change in my net worth this month. Of course, I’d prefer some upward movement, but we’re really not talking much difference at all. I suppose that’s a good thing – it was an expensive month, with car insurance and renters insurance coming due. Of course, August won’t be better with the annual vet [...] After four months, my Dollar a Day account is up to $121.46. It doesn’t seem like much, but it’s not felt like much while I was putting it away either – so it’s been a pretty easy way to build up a little savings account. Still debating what, if anything, is going to happen [...] After two months, my Dollar a Day account currently contains $60.08. $60 in contributions and $.08 in interest income. Just over $60 saved, painlessly, in two months. Sure, it might not seem like much. And putting just $1 away really isn’t all that much. But it really adds up quickly. |
 
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