saving $ without effert

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icfrugal1
Posts: 2254
Joined: Fri Aug 28, 2015 12:54 am

saving $ without effert

Post by icfrugal1 » Tue Apr 16, 2019 10:09 pm


clemencia2us
Posts: 3779
Joined: Fri Aug 28, 2015 9:21 am

Re: saving $ without effert

Post by clemencia2us » Tue Apr 16, 2019 10:16 pm

icfrugal1 wrote:
Tue Apr 16, 2019 10:09 pm
https://www.cnbc.com/2019/04/15/how-i-s ... yptr=yahoo

Interesting, but....
yes - but

I sort of do that, but i do it because i check my accounts each morning. The person that wrote this or is profiled probably has TONS of disposable income.

icfrugal1
Posts: 2254
Joined: Fri Aug 28, 2015 12:54 am

Re: saving $ without effert

Post by icfrugal1 » Tue Apr 16, 2019 10:18 pm

that is what I am thinking, good grief.

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LWolfT
Posts: 1704
Joined: Fri Aug 28, 2015 10:46 am

Re: saving $ without effert

Post by LWolfT » Wed Apr 17, 2019 9:01 am

They really should label that as an advertisement ...

I suppose it would work if someone doesn't have the discipline or interest in putting aside $ for savings. I don't want someone poking about in my checking or savings accounts, but that's me.

And I'd think you'd really want to pay attention to what's going on with it.

Quilter51
Posts: 437
Joined: Sat Aug 29, 2015 6:04 pm

Re: saving $ without effert

Post by Quilter51 » Wed Apr 17, 2019 10:18 am

I do not use that app but I have used another app called Quapital, as well as one called Acorns. The acorns one will invest as you want it to. I loved both, and the rounding up. Never had an issue with either, although with my income the rounding up was closer to 40 a mo th, lol. Admittedly I do every single transaction with a card even if its 2 bucks.

I also have a savings plan with my bank where they transfer a dollar to savings for every card transaction.

gaylejackson2
Posts: 1585
Joined: Tue Sep 08, 2015 1:13 pm
Location: Utah

Re: saving $ without effert

Post by gaylejackson2 » Wed Apr 17, 2019 11:59 am

Quilter51 wrote:
Wed Apr 17, 2019 10:18 am

I also have a savings plan with my bank where they transfer a dollar to savings for every card transaction.
That sounds like a nice savings plan, as long as you can budget those extra savings dollars into your plans. I might not be able to always do that. ;)

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