Category Archives: Savings
How To Save Money For A Mid-Range Goal
I am not a fan of borrowing money, so it’s important that I plan for and save for mid-range goals. I would define a mid-range goal as any major purchase or expense that I might have to make in the next 2 to 5 years. Right now, we’re focusing on saving enough money to buy [...]
Planning To Replace My Old Car
I own a 2001 Honda Accord. It’s a great little car, and even though it’s a decade old, it still gets really great gas mileage. The paint and the interior are both in pretty decent shape, despite the fact that the right-front panel was recently damaged and repaired. I like the car, but with growing [...]
The Savings Sweep – Today’s Quick Tip
Today’s Quick Tip – The Savings Sweep At the end of each pay cycle, right before I receive a paycheck, I’ll do a savings sweep. I take a peak at my monthly budget, notice any categories where I might have “left over” money, and sweep that money from my checking account into my savings account. [...]
Rebuilding Cash Reserves
I have made a (temporary) change to the amount I contribute to my 403(b) retirement account. After making a few major purchases, it’s time to rebuild our cash reserves. Our income has been down, just a bit, as compared to this time last year – and expenses have been up. We now have three kids, [...]
