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...

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...

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...

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...

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...

Saving

How Should Savers React to Lower Interest Rates on Their Savings?

03 Aug2019

Sometime ago, I posted about taking advantage of rising interest rates. Unfortunately, we later saw a pause in said rates, followed by the recent lowering of these rates across financial...

Saving

Multiply Expenses by 10 Years and Discover Where Much of Your Money Goes.

13 Jul2019

It can be difficult to appreciate the amount of money we spend in our daily lives. For this reason, one of the methods I use to evaluate an expense is...

How to Appreciate Incremental Growth on Your Money

04 May2019

It can be difficult to appreciate incremental growth where our money is concerned, so I have chosen to share a process that has helped me. This amounts to early recognition...

Live Well Financially In The Present And Future

09 Mar2019

I realize that many of us believe that in order to save well, we have to strip ourselves of most of the things we enjoy. This involves making sacrifices that...

I Started Investing in Individual Companies. Part 2

05 Mar2019

One of the constants that should be noticeable in much of what I share is the avoidance of fees and other unnecessary expenses whenever possible and this would apply to...

I Started Investing in Individual Companies. Part 1

02 Mar2019

I indicated earlier how I started making investments in individual companies. That process started after I had money saved in different vehicles, including an employer-sponsored retirement plan as well as...

An Example of The Financial Structure Of A Saver

16 Feb2019

I have shared the logic and steps I took to establish myself as a saver and will continue sharing more ideas as they relate to savings and life. However, as...

Saving

Why Online Banks Are Part of My Saving Strategy

09 Feb2019

I often indicate my tendency to use the services of online banks, but I know it is intimidating to some of us. Many of us fear banking online with regards...

Why I Use Credit Cards, Part 3: Cashback!

02 Feb2019

Thus far, I have covered two of the main reasons why I use credit cards. The first being protection while the second covers warranty/insurance services. Now, I get to talk...

Catch Fraud Early: I Set Alerts for Every Account I Can

05 Jan2019

These days, it is much easier to keep up with all of our financial activities by accessing them online, but there are risks associated with these services being so easily...