Saving Archives - My Savings & Me

Saving and Investing Can Lack Excitement

02 May2020

For many of us, our efforts to start saving or investing are often encumbered by the reality that both saving and investing can lack excitement in the initial stages. The...

There Could Be Some Unusually Tough Times Ahead

04 Apr2020

The disruption in our lives is like nothing we have seen before. As much as governments are trying and planning to help, the underlying foundation of our economic structure is...

Staying Focused During Stock Market Turmoil

14 Mar2020

I am a believer that our most important financial asset is the cash we keep in our various savings, which is why I stress the idea of building savings and...

Take Advantage of Opportunities in this Falling Stock Market

07 Mar2020

Over the past two weeks or so, fear of the Coronavirus has caused a notable correction in the Stock Market and these are the kinds of events that undermine people’s...

Interest Rates Are Dropping Again, May Be Time to Lock in a CD

04 Mar2020

The US Federal Reserve Bank has decided to cut interest rates again on March 3, 2020 and this time by .5%. It may be worth picking up a CD with...

A Convenient Way to Establish a Savings Structure

08 Feb2020

Sometime ago I gave an example of the financial structure of a saver, and while I believe it is a good thing to establish, I also realize that it may...

Saving

Having Regrets Over How Much You Spent For The Holidays?

04 Jan2020

Each year, many of us either accumulate debt or exhaust our regular savings accounts while celebrating the Holiday season, after which we are burdened with regret over how much we...

Don’t File Your Tax Return Too Early!

14 Dec2019

In our excitement to start saving and investing, many of us tend to overlook the connection between taxes and those accounts. This could lead to us owing taxes and thus...

Saving

Thank You Robinhood, But I Am Back at My Regular Broker

30 Nov2019

I'm thankful to brokers like Robinhood and Webull for putting so much pressure on the brokerage industry that they have now started offering us zero commissions. This was long overdue...

A Small Investment That Could Save Your Emergency Fund

09 Nov2019

I never considered the pains from the impact of Water Heater leak damages until we bought a home that has one in the attic as opposed to the garage. Whatever...

You Should Probably Establish a Roth IRA

31 Oct2019

A long-retired and dear friend keeps reminding me to watch out for the pains of tax liabilities when I reach retirement age (59 ½) and start making withdrawals from Traditional...

Zero Commission Rate is Becoming a Thing for Mainstream Brokers!

02 Oct2019

If you are a saver, then you are either already an investor or on your way to being one. On that note, there is some great news out this week...

Neglecting Our Financial Stability for Our Children’s Desires May Not Be as Kind as We Think

21 Sep2019

Parents as a whole put their children ahead of themselves and it is the natural and admirable thing to do. As parents, the heart is usually our guide, which means...

Want to Start a Business? Start with Your Personal Finances…

07 Sep2019

Many of us look at business owners and wish we were in their shoes. One of the reasons for such admiration is that business owners are often regarded as being...

Another Way Money Disappears

31 Aug2019

Periodically, I do a review of the amount of money flowing out of our home. I do this because I find that I still take for granted the little things...