If you saved one dollar a day, you’d have saved $365 in a year. Which doesn’t sound like a lot but can you imagine what you’d do with that extra money? I can, and it’s all bad, but regardless I’m totally up to save a dollar a day. Make Your Own Coffee I admit that I’m not a coffee drinker, and if you are one you are likely rolling your eyes at me. That said, hear me out. If your coffee costs $2.15 (which let’s face it, it doesn’t, it costs … [Read more...]
Getting Risky
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 little bit of money, do some research, and start buying stocks. I didn't put much thought into it, and then I was reading Smart Money magazine on the way to work (got a … [Read more...]
2008 Dollar a Day Results!
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 missed that $1 a day. I've decided to keep it up for 2009 and keep the money in HSBC, though I seriously considered moving it to ING Direct, where I … [Read more...]
July Net Worth Update (-0.03%)
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 visits for the cats. My investments didn't seem to do a lot of moving around. Up 1% here, down 1% there. As for the Dollar a Day … [Read more...]
A Dollar a Day April Update
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 to the funds at the end of the year. … [Read more...]