Paying normal expenses is a lot like renting, you never really get ahead and may even be living paycheck to paycheck for your entire life, just barely getting by. Or perhaps you are hording away money living like a miser until it’s time to retire. The problem with that approach is retirement may never come,… Continue reading Paying Expenses From Dividends
Category: Goal Funds
Buying Dividend Stocks For Christmas Expenses
Christmas is just around the corner (lol), so I thought I’d prepare now just to get a small jump on my Christmas expenses. Okay, I’m buying dividends for Christmas expenses but most likely I won’t use it until year 2012 or maybe even 2013… I’ve had such great success with My Lunch Experiment, that I… Continue reading Buying Dividend Stocks For Christmas Expenses
Creating My Kid’s Christmas Money Fund
This year, I paid for my kid’s christmas money (I give them each $100), out of my pocket. Zapped, right out of my old wallet. Next year, I’m going to start a “ Kid’s Christmas Money Fund”! So what is a Kid’s Christmas Money Fund? The fund will be money I put into a 4 to 6% dividend yielding… Continue reading Creating My Kid’s Christmas Money Fund
Spot Budgeting To Save Money For A Goal Fund
First, let me say, that I’ve always admired people that create budgets and could follow them to the T. I’ve actually tried to create a budget when I was in college, but it’s never worked out for me. There was always something that would pop up that I didn’t save the receipt for. Surprisingly, while… Continue reading Spot Budgeting To Save Money For A Goal Fund