Are you down with the down payment? Now that I’m debt free, I have only one objective with my discretionary income. Save it. Even though I’m coming to realize renting isn’t really that bad, I imagine one day Girl Ninja and I would like to buy a house. Being that we probably wont be buying [...]
Archive of posts filed under the saving category.
Don’t be the awkward cat lady.
You know who I’m talking about. It’s the 103 year old woman that lives down the street. In a very tiny one bedroom house. She keeps mostly to herself and has 18 cats. Yeah, 18 cats. What you DO know about the “cat lady” is that she uses a garbage bag as a rain jacket. [...]
Where da rich peeps at?
*Fabulously Broke tweeted this image yesterday and I thought it was too good to pass up* Being broke is trendy. Seriously, I think it’s the new black. I guess this is no surprise, being that the national savings rate is a measly 3%. Let’s be honest: If you ain’t broke, you aint cool. Wait. That’s [...]
Interest is interesting
The interesting thing about interest, is that it acts as our frenemy (friend/enemy). It’s often a major player in wealth building, but also one of the driving forces behind the ‘paycheck-to-paycheck’ lifestyle. It can work for or against you. The choice is yours. To kick things off, I thought I’d start with a chart I’m [...]
I save like a G
I love today’s title because it holds double meaning. I originally meant I save like a G (as in Gangsta). If you didn’t know, I’m the ghettoest (is that a word?) personal finance blogger this side of the Mississippi Milky Way. I love rapping, hip hop music, making beats, and learning about compound interest. If [...]
What are you saving for?
Seeing that I have already wrote two articles on saving this week, I figure it’s only appropriate to finish the week off with, yet another post, about saving. Consider these three articles the holy trinity of personal finance. Okay, maybe they aren’t that insightful…wait, actually they aren’t really insightful at all. Oh well, I tried [...]
Are you a Thousand Dollar Baller?
There’s a lot of hype around millionaires. If you read Budgets Are Sexy (which I recommend you do) you’ll see J. Money has a club, “The Million Dollar Club” that is. It’s a club I’m sure many of us hope to one day join. Ya know what though? I gotta keep it real and come [...]
National savings rate…epic fail
Wanna see something that will make you cringe? It’s a graph of the United States Personal Savings Rate. As of mid 2009, the savings rate had reached a 17 year high (6.9%) as Americans conserved cash due to the declining economy. If the savings rate is at a ‘relatively’ high point, you might be wondering [...]
There’s more to life than a spreadsheet
I was having a conversation with my financial analyst buddy about saving/investing. He’s the person that convinced me to start a Roth IRA and ultimately is responsible for my PF addiction. I wrote a post a couple months back that laid out my retirement game plan. I essentially calculated I should easily be able to [...]
What’s your number?
My savings account is with Bank of America. On the main page of the website BoA has a calculator that predicts how much you will have waiting for retirement (after answering a couple quick questions). I pretty much love financial calculators. They help me set up a game plan to reach a goal. ………Awkward Transition……… [...]
