All Activity – SUM180

Kelby Green – Ambassador replied to the topic How Saying No to "Free" Things is Freeing Up Our Income in the forum My journey 7 years, 10 months ago

Thanks, Kayla! I started running the numbers on the last few things that I got for “free” and the amount spent is RIDICULOUS! Lesson learned, though. Even if it took me a while to catch on.

Stacey Daprile – Ambassador replied to the topic Saving For Baby's College in the forum My journey 7 years, 10 months ago

Congratulations! I bet you now have baby names swirling through your head! We used both 529 accounts and UGMA accounts for my kids’ college savings. It was nice to have a balance, but the 529 seems to be the best way to go at this time. The best advice is to start early.The time really does fly by faster than you will ever realize.

Kayla Buell – Ambassador started the topic Saving For Baby's College in the forum My journey 7 years, 10 months ago

I’m currently 20 weeks pregnant with my first baby, and this past weekend we found out we’re having a girl! Very exciting! Now that the reality has officially sunk in, we’re starting to get her nursery set up and working on getting everything ready for her arrival. One of the things my husband and I have been chatting about lately is setting up a…[Read more]

Kayla Buell – Ambassador replied to the topic My Financial Yearly Check Up in the forum Build your investments 7 years, 10 months ago

What a great concept! I think it’s wonderful that you meet once a year to go over your finances, plans, and goals. A lot can happen in a year, and I think a lot of people forget that. A once a year checkup is definitely healthy. Best of luck!

Kayla Buell – Ambassador replied to the topic How Saying No to "Free" Things is Freeing Up Our Income in the forum My journey 7 years, 10 months ago

Wow, what a great post, Kelby! I had never really stopped to think about that! It’s true – sometimes you’re trying to save a buck and it ends up costing you more than simply saying no to it in the first place. Thanks for the reminder! Needed it.

Kelby Green – Ambassador started the topic How Saying No to "Free" Things is Freeing Up Our Income in the forum My journey 7 years, 10 months ago

Like most people, I like free things. In fact, I was walking around my house a few days ago and (no exaggeration) about 70% of the furniture, decorations, and electronics were given to us at some point over the last few years. Now to be clear, we’re not a charity case, we’re just frugal. Some would say VERY frugal, but honestly, we just enjoy tak…[Read more]

Stacey Daprile – Ambassador started the topic My Financial Yearly Check Up in the forum Build your investments 7 years, 10 months ago

I just received an email from my money manager (the one that oversees most of my retirement accounts) to set up our yearly check up. I love that they are always on top of this and contact me. We get together every August to review account allocation and past growth. We also talk a lot about the kids, my job and income, and any changes over the…[Read more]

Stacey Daprile – Ambassador replied to the topic Have you heard of the Diderot Effect? in the forum My journey 7 years, 10 months ago

I find it is easy for me to get sucked in! I now know to be more aware.

Stacey Daprile – Ambassador replied to the topic Have you heard of the Diderot Effect? in the forum My journey 7 years, 10 months ago

I find it is easy fro me to get sucked in! I now know to be more aware.

Stacey Daprile – Ambassador replied to the topic Multiple Savings Accounts in the forum My journey 7 years, 10 months ago

I have never done this – for me, it would just be too much to manage. Although, I have been tempted many times to set up a Christmas account. If I were to set up a separate savings account it would be for the holidays.

Stacey Daprile – Ambassador replied to the topic Investment Property First? in the forum Buy a house 7 years, 10 months ago

I think if you can find the right property, a duplex is a great idea!~ I have a friend that did this and the rental half is really helping her with the ownership.

Kayla Buell – Ambassador started the topic Multiple Savings Accounts in the forum My journey 7 years, 10 months ago

Does anyone else have multiple savings accounts? I’ve found that having accounts for different purposes has been the best way for me to keep track of the money I’m saving. Plus, it keeps me a whole lot more motivated. Right now, I have one savings account that’s a Christmas fund, another one that’s a travel fund, and another one that’s currently…[Read more]

Kayla Buell – Ambassador replied to the topic Turning in My Car in the forum Manage your debt 7 years, 10 months ago

Two years ago, I bought a brand new car, the car that I have now, but if I could do things over again, I would have bought a USED car. Not all used cars are terrible and falling apart. You can get a 2 or 3 year old car in very good condition with a decent amount of miles on it for a great price. I used to lease all my cars, but after a while, I…[Read more]

Antoinette Minor – Ambassador replied to the topic Pension: Wait or Cash out Early? in the forum Plan your retirement 7 years, 10 months ago

I think you should wait. 12 years is a while but I don’t think its enough time to be aggressive in your investment. I think anything other than the pension would bring a low return on investment.

Antoinette Minor – Ambassador replied to the topic More Savings Games in the forum My journey 7 years, 10 months ago

I was going to say that this would be hard for me but I think asking for cash back like Kayla would definitely help out! Love this idea!

Antoinette Minor – Ambassador started the topic Investment Property First? in the forum Buy a house 7 years, 10 months ago

Hi All,

One of my clients went through a boot camp program for homeownership and decided that she wanted to invest in property for income before buying a home for herself. I always thought it would be wise to purchase a home for yourself and then acquire other properties. Then I thought, is there a reason to this order and does it matter which…[Read more]

Kayla Buell – Ambassador started the topic Tracking All Of Our Expenses Has Been An Eye Opener in the forum Grow your savings 7 years, 11 months ago

My hubby and I look at our finances often, but if I’m being honest, lately we’ve just been kind of lazy. We look at our checking account balance and since it’s been positive, we’ve assumed we’ve been doing okay. Just this week, though, I decided that I wanted to know EXACTLY where our money’s been going, and man, after taking a look at EVERY…[Read more]

Antoinette Minor – Ambassador replied to the topic Our penny jar investing in the forum Build your investments 7 years, 11 months ago

I love this idea. What tools do you use to make the investment?