Comments on: PFCollege: How To Make Saving A Habit

By: Irregular Payments

Irregular Payments — Thu, 28 Sep 2006 21:47:02 +0000

A Few of My Favorite Things How-To’s
Not only did I enjoy participating in Problogger’s How-To group writing project, the final list of how-tos gave me several days worth of interesting reading when I found a little downtime. Here’s a few of my favs, in no particular order:
…

By: King of Debt

King of Debt — Sat, 23 Sep 2006 01:17:08 +0000

When I was saving for my Jeep, I would always remind myself that I was doing it for the Jeep. I would ask myself if I really needed a milkshake, or if I could jsut put that 4 bucks towards my Jeep. We are now doing the same with our debt. One day soon, after our debt is gone, we’ll say that about our savings in general.

By: Justin

Justin — Fri, 22 Sep 2006 18:51:57 +0000

Good thoughts! I put at least 9% of any paycheck into a ‘Do Not Touch’ account. The money adds up and I only use it for dire emergencies (heaven forbid) or investing. I only let myself take the $ out once a year from that account. It is sooo much easier to save with a goal in mind though.

By: eROCK

eROCK — Thu, 21 Sep 2006 18:03:30 +0000

The only reason my savings is negative is because it’s just not worth it. I have a private college loan that I’m paying, which amounts to $55K with a fixed 6.5% interest. At this rate, over the full-term of the loan (299 payments or 25 years) I’ll be paying another $55K in interest alone. Would you suggest paying the minimum and place money in a Roth IRA or some type of mutual fund (in addition to my 401k) because the interest on both would presumably be above 6.5%? It hurts deep when you see $55K in interest on a $55K loan!

By: Jersey Girl

Jersey Girl — Thu, 21 Sep 2006 17:11:45 +0000

follow through with the goals you write down…that’s the part i have a problem with!