52 Week Money Challenge

[malbaker86]

at the bolded. I don't carry any cash but if I did, that'd be the way to go.

You should put that 10% into a brokerage acct instead of savings. I started doing that in Jan of last year and have gotten a 12% return in just the last year. That beats the shyt out of the 0.9% APY I get from my savings acct.

How much up front you have to put into a money marking? I gotta check w/my credit union to see what they have to offer.

 

[Binary]

I'm going to do this.

 

[BlvdBrawler]

let's start with a deposit amount of $50

ain't nobody has 9 lives to save at the rate of $1,378 per year

Not everyone has the means to save $200 a month breh. This is for the people with bad spending habits. This will teach them *how* to save, show them the positive results, and get them thinking long-term.

After that, $200 will be easy.

 

[BlvdBrawler]

How much up front you have to put into a money marking? I gotta check w/my credit union to see what they have to offer.

My bad I didn't mean money market I meant brokerage. I went with betterment.com (recommended by mint.com ). I don't think there's any balance requirements.

 

[HookersandIceCream]

Nice and effective way to save money

I'm gonna double that

 

[jalamanta]

Now, before I spend money, I ask myself one question: Is this worth my freedom?

For example: Is this coffee worth $2 of my freedom? Is this shirt worth $30 of my freedom? Is this car worth $30,000 of my freedom?

In other words, am I going to get more value from the thing I’m about to purchase, or am I going to get more value from my freedom?

A Minimalist’s Thoughts On Money | The Minimalists

 

[NoMoreWhiteWoman2020]

Im in

 

[Steve Piffler]

A Minimalist’s Thoughts On Money | The Minimalists

 

[Mr swag]

i do 50 dollars every pay period and taking out a dollar everything i swipe my debt card. doing this will be a step back for me

 

[TLR Is Mental Poison]

Blows my mind that saving is such a foreign concept in America

But everyone's gotta start somewhere

Everyone should do this, if you haven't started saving yet

 

[Atlrocafella]

i do 50 dollars every pay period and taking out a dollar everything i swipe my debt card. doing this will be a step back for me

Same here, I put away 75-100 out of every check already, plus I have that way2save account. But I'll give this a go for a while and see how I do.

 

[Captain Crunch]

In

 

[Tenshinhan]

I already save anyway, I wanna just control the extra money

I'll be doing this.




Sent from my EVO using Tapatalk 2

 

[BlvdBrawler]

i do 50 dollars every pay period and taking out a dollar everything i swipe my debt card. doing this will be a step back for me

Not at all. It'll just supplement what you're already doing.

 

[awkwardblackgirl]

A Minimalist’s Thoughts On Money | The Minimalists

I told others they could take my time and my freedom in exchange for green pieces of paper with dead slave owners’ faces printed on them.