[Till]

Ok I think I follow but could you clarify some more im kinda lost ^
bullshit numbers food? I didnt know thta was a bs number lol

also I dont per say have a GOAL, like Id just like to save up about 5k but at the same time I dont think I have the patience for that

I'll add that up when I get back from class and let you guys know lol

P.S. jasonic sure i'll send it your way....NOT

[Onemanzu]

Originally Posted by JASonic Also, check out this link. I use this. I know, seems a little odd but what isnt? Read the details, its a great tool for saving toward a goal. SmartyPig®: Simple. Smart. Savings.®

does that shit really work?? If so i might sign up for it after I get moved out and get my self a new car in a few months.

[Till]

that kinda looks odd I dont know if I could trust a "smarty pig"

[Onemanzu]

Originally Posted by Tiller Ok I think I follow but could you clarify some more im kinda lost ^ bullshit numbers food? I didnt know thta was a bs number lol also I dont per say have a GOAL, like Id just like to save up about 5k but at the same time I dont think I have the patience for that I'll add that up when I get back from class and let you guys know lol P.S. jasonic sure i'll send it your way....NOT

I don't need to be eating a $15 meal ever single day, I can go home and make some killer burgers for under $5

there are just little things here and there that I don't need to spend money on... and for me luxury items are one thing i don't need.

Also, having a goal makes things much easier to save for... it helped me. I put a picture of emays car on my wall and a little saved up bar to keep me motivated.

[Till]

that bar and a pic sounds good

now im just debating if I should
A) put money into CD's if I do this I will be putting 500 for 4-5 months into 6month cd
B)Just save my own money in my savings account
C)do a little of both

[JASonic]

You know my paypal...go ahead!


Piggy does work if you leave it alone. I used it to save to $450 a while back. It worked and was easy.

[Till]

just kinda seems well odd and unsecure

[Rico-mofos]

ive had a problem saving money for a looooooong time...ive tried everthing and I somehow always find something i need to spend my money on. The best thing that has worked for me so far ( just started this 4 months ago) is when I get paid immediately take out a 100 bucks and put in a seperate savings account that I can not withdraw with my debit card. Im doing this until I have 1k to open a CD.

[JASonic]

I used it with no problems. Its FDIC and secure. I didnt find it on my own, a old coworker told me about it and really liked the results as well. 3.05% is pretty good for a savings account.

[02MustangV6e9]

Well, working two jobs here's how I'm going to roll...

I got Direct Deposit from Tom Wahl's going into the Bank of Castile. Which is fine because they automatically take them money out of my account to make my payment.

Sine when I leave for college there is no Bank of Castile on campus, and HSBC offers better rates, I'm making the pay from my new job get directly deposited into 2 separate accounts at HSBC. I dont know If I want to go 50-50 or 75-25 or what, but the one account will be spending money, and the other will be straight up "savings".

[93hatch]

do the cd thing dude, i sold my fox yesterday and im puttin 4k of that in 6 month cd's next time i go to the bank, why not make a lil money off of your savings

[02MustangV6e9]

What do the rates on CD's look like compared ot the average savings account?

[93hatch]

Originally Posted by 02MustangV6e9 What do the rates on CD's look like compared ot the average savings account?

you dont make SHIT off of money in a savings account, ill know the cd rates when i go soon so im not sure

[Till]

well yeah CD is gonna be alot better because they loan your money out LOL

[JASonic]

Step CD's wrok great.

Get a 3 month, 6 month and 12 month. Then keep re-newing them. Then you always have money available quarterly if needed in an emergency.

[Till]

Originally Posted by JASonic Step CD's wrok great. Get a 3 month, 6 month and 12 month. Then keep re-newing them. Then you always have money available quarterly if needed in an emergency.

explain further in detail please

[JASonic]

Step Up Your Income With A CD Ladder


My lazy ass is to lazy to write it up. This describes it. Google "ladder cash deposits or step cash deposits" and there is a shit load of info and rates.

[Till]

but i wanted to read what you say!!!!!

[Till]

ok so I read that and im kinda lost on the whole stock thing now....

[Onemanzu]

y'all realize that smartypig yields more then CDs do right??

CD's don't make shit on the dollar... 2% is about the high in the current economy... for a 6 month cd.

you would be better off investing it into the stock market in companies that don't have any signs of tanking at all... such as youngish energy companies and shit like that...