Wednesday, June 25, 2014

Free Bank Bill Pay And Credit Card Rewards

Four years ago, I switched as many of my monthly bills to be paperless as possible. As part of that switch, I also signed up for free online bill pay though my credit union. I've since found that the use of online bill pay makes it very easy to take advantage of credit cards that provide rewards for spending. Personally, I like the rewards offered by the Starwood American Express card. Not only can you redeem the points for free nights at Starwood...

Wednesday, June 18, 2014

Two Of The Finance Tools I Use

Whether you are trying to stick to a budget or create one from scratch, you'll have a hard time if you can't account for where all of your money is going. Here are a couple of apps that I have found invaluable. Easy Money Android App - This is a money manager app that I use several times a day. I long ago gave up my paper checkbook and switched to using this app for tracking my checking account. Not only that, but I also use it to track my savings...

Wednesday, June 11, 2014

How I'm Saving And Investing

The sharp-eyed reader will have noticed what seems to be a discrepancy between my words here and my actions. In my first post, I wrote this about stocks as a vehicle for passive income for this project: If you are trying to save money over an extended period and you make frequent purchases of stock, your commission costs will likely eat up any profits you might get from dividends. Furthermore, the changing stock price will make it very difficult...

Thursday, June 5, 2014

Slight Adjustment

I've decided to make a slight adjustment to my goal. I've been doing some reading of blogs of Tesla owners and forums and such and decided I can probably scale back on what I want. My original goal amount of $113,925 was based on the Tesla P85 Performance package. After further consideration, I don't think I need the performance package. The package basically gets me 0-60 MPH one second faster and the top speed goes from 125 MPH to 130 MPH. It also...

Wednesday, June 4, 2014

Goal Progress: Start of June 2014

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last update: May 31, 2014 Last value: $5,750 Change from last month: + $869 Percent of Goal:  5.04% Note that the funds in this account are invested in stock, so there will ...