I used an old savings trick to stash $5,000 in my emergency fund - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

'When I got my first 'real' job after college, editing horoscopes for an astrological publisher, I got into the habit of paying myself first, a popular savings strategy often touted by personal finance experts'

to see where my money needed to go. At the time, my take-home pay was about $1,800 a month. And as the rent for my studio apartment in West Los Angeles was about $700, that didn't leave a ton of wiggle room for everything else.

I was one of those enthusiastically frugal types who strung LED lights and showered by candlelight to save on electricity. I also rarely went to the movies, checked out DVDs from the local library, and looked for free concerts instead of paying for tickets. I bought the same staples from Trader Joe's or bought only food that was on sale at Ralph's.

After setting my savings on cruise control, I didn't have to toil over whether I could afford to save. I'd be saving without having to give it a fraction of thought or effort. I didn't have to fret over whether I could afford to spend $10 and splurge on that fancy cheese at Trader Joe's or whether that money would be better put toward savings.

While I saved the same amount from each paycheck, the amount I saved each month wasn't always the same. That's because I also squirreled away "extra" checks and money earned from side hustles or cash I received in red envelopes from birthdays or from relatives at Chinese New Year.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 729. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Inside the 20,000-member trading community started by college students - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

How I'm using a childhood savings trick to save money for the future - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

What to do with emergency savings if high-yield savings rate is low - Business InsiderIs now the moment to, say, invest that capital? Swap to an HYSA with a higher rate? Consider a CD? Or should you adhere to experts' blanket advice to mostly do nothing and avoid looking at your account balances?
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Why I keep my money in a savings account instead of checking - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Savers are losers 'Growth,' that doesn't outpace inflation is not growth. Buy gold and silver.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Business Insider webinar with McKinsey, Bain, and PwC - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Robinhood closes $200 million Series G funding round at valuation of $11.2 billion - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »