Comments on: 6 Ways to Turbocharge Your Savings

By: J. Money

J. Money — Mon, 10 Oct 2022 14:09:19 +0000

In reply to Debbie. yes!!! beautiful!! I bet you've invested *thousands* over the years doing that... not including the amount of compounding from putting it into the markets either! Such a simple, yet effective, habit. Well done.

By: J. Money

J. Money — Mon, 10 Oct 2022 14:08:06 +0000

In reply to Financial Fives. Sweet! I just took mine to the coffee shop - such a great way to enjoy the weather and sneak in some exercise :)

By: Debbie

Debbie — Mon, 10 Oct 2022 12:39:35 +0000

I know this sounds OCD but every time I saw what I had saved by purchasing on sale or with a coupon, I moved that amount from my budgeted line item to be invested. I also did this when someone would treat me to lunch or dinner. Then any surprise money, like a $3 rebate check I moved that too. I would invest it in my S & P 500 index fund when I had the minimum amount to do so. My friends that I told laughed at me for doing such small amounts but it sure did add up. It gamified savings and was fun for me.

By: J. Money

J. Money — Wed, 05 Oct 2022 10:54:30 +0000

In reply to Cubert. Great SAT word! (obviation) lol.. had to look that one up.

By: J. Money

J. Money — Wed, 05 Oct 2022 10:53:57 +0000

In reply to Jim. Great!! Glad you found some helpful ones!

By: Cubert

Cubert — Tue, 04 Oct 2022 20:28:56 +0000

Dude. Good tips to live by! I can’t tell you how many times I’ve had to come crawling to company X, Y, and Z to request a penalty or some random fee be withdrawn. Way I see it, if it takes a 5 minute phone call to get $50 back, you’re working at a rate of a lot of dollars per hour (all obviation of course, but who cares!)

By: Jim

Jim — Tue, 04 Oct 2022 17:51:05 +0000

Great Post J, I had never even thought of rounding up on investments and payments, but I’m going to start. Thats amazing you “Spaved” over 4 G’s in 2018, I’ll have to look into that, thanks for pointing it out! Peace out!

By: Financial Fives

Financial Fives — Tue, 04 Oct 2022 17:23:46 +0000

In reply to J. Money. Oohh I have a longboard too! I ride it to the gym everyday and grocery store, such a fun way to get some fresh air!

By: J. Money

J. Money — Tue, 04 Oct 2022 14:11:58 +0000

In reply to Katie @SolopreneurCafe.

Ahhh yes – forgot about the tax hassles, but at least they print it all out at the end of the year for you right? At least that’s what I remember… Of course, I just passed it to my accountant so it wasn’t too much of an issue, but if I were doing it myself i prob wouldn’t be as happy 😂 That’s really with *all* earnings though – the more you earn the more taxes/filing you need to do but still worth it in the end…

By: J. Money

J. Money — Tue, 04 Oct 2022 14:09:46 +0000

In reply to Financial Fives. I love the biking hack!!! I've started traveling more on my long board, but it still usually requires me to drive somewhere first and then ride... Still too much of a wuss to go on main streets w/out a car :(