http://www.thesimpledollar.com/2010/12/30/out-with-the-old-in-with-the-new-start-an-automatic-savings-plan/ Financial talk for the rest of us Sat, 16 Feb 2013 01:14:45 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://www.thesimpledollar.com/2010/12/30/out-with-the-old-in-with-the-new-start-an-automatic-savings-plan/#comment-933849 Rachel Fri, 31 Dec 2010 17:22:16 +0000 http://www.thesimpledollar.com/?p=6436#comment-933849 I wish that my husband would take advantage of direct deposit, but he refuses. I think that money going directly to savings first, then moved to checking to pay bills that are due is the best way to build savings. Extra money sitting in a checking account gets spent. We worked with a finacial advisor in 2010, we have a motorcylce payment, will be done with that soon, and a mortgage payment. Our two cars are paid for. we need to increase our emergency fund another $5,000, then save to replace the vehicles when they go. They are a 1991 Taurus, and a 2003 Buick Rendevouz. I feel good about our finances for 2011.

]]> http://www.thesimpledollar.com/2010/12/30/out-with-the-old-in-with-the-new-start-an-automatic-savings-plan/#comment-933799 Molly On Money Thu, 30 Dec 2010 23:40:05 +0000 http://www.thesimpledollar.com/?p=6436#comment-933799 We spent 2010 paying off the last of our debt (except our mortgage) and built up an emergency fund. Our jobs have changed and we will have to tighten our belts even more in 2011 but having that emergency fund is such a sense of relief as we go forward.

]]> http://www.thesimpledollar.com/2010/12/30/out-with-the-old-in-with-the-new-start-an-automatic-savings-plan/#comment-933795 Jason Thu, 30 Dec 2010 21:26:55 +0000 http://www.thesimpledollar.com/?p=6436#comment-933795 My wife and I use SmartyPig to do all of our savings. It’s a free online savings account so we’re able to save up for whatever, and gives a decent interest rate.

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