Category Archives: Savings

Make The Payment To Yourself

My wife and I have been saving up for a new-to-us automobile. Instead of financing the purchase of a newer car, we have been making monthly payments to ourselves. Each month I initiate a transfer from my local checking account to my online savings account.  (ING Direct makes these transfers super-simple to set up.) The [...]

ING DIRECT Financial Independence Days Sale 2011

Our favorite online bank, ING DIRECT, is having a special two-day sale July 1 and July 2. Here are the details of this year’s financial independence sale: Orange Savings Account – For today and tomorrow any referral emails customers send out will earn $76 as well as $25 to each friend who opens an account.  [...]

Saving For A Car

I drive a 2001 Honda Accord.  It’s a great little car.  Right now, it has a little over 175,000 miles on it.  Sooner or later (let’s hope, later) I’m going to need to buy a newer automobile.  Here’s my process for saving for a car – or any other major purchase. 1.  Using the super-handy [...]

Savings Goals Listed By Priority

One of my main goals is to live the rest of my life without having to borrow any more money. At present, my wife and I are consumer-debt free and we are working hard to pay off our mortgage. In order to remain debt free, it is important that we think both short-term and long-term [...]