Comments on: How to Become a Millionaire Step Three – Save Money

By: Money Hacks Carnival #23 at Can I Get Rich On A Salary | Money Hackers Network

Thu, 31 Jul 2008 03:50:14 +0000

[...] How to Become a Millionaire Step Three – Save Money posted at Cash Money Life. [...]

By: Personal Finance Carnivals «

Personal Finance Carnivals « — Wed, 30 Jul 2008 17:18:23 +0000

[...] How to Become a Millionaire Step Three – Save Money posted at Cash Money Life. [...]

By: Festive Link Love Carnivality #19 | Free From Broke

Festive Link Love Carnivality #19 | Free From Broke — Sun, 27 Jul 2008 11:41:21 +0000

[...] How To Become A Millionaire Step Three – Save Money by Cash Money Life. How to go about saving money as part of a millionaire series. Check them all out! [...]

By: Prosper Roundup

Prosper Roundup — Fri, 25 Jul 2008 23:13:23 +0000

[...] on the first 4 steps to becoming a millionaire… 1. Earn Money 2. Spend Less Than You Earn 3. Save Money [...]

By: Economic Stimulus Check Did It Help And What About A Second? | Free From Broke

Fri, 25 Jul 2008 16:42:40 +0000

[...] looking to buy a mini-van. These expenses are possible because we try to stay frugal and save what we can, not because the government sent out [...]

By: Andy

Andy — Fri, 25 Jul 2008 14:12:38 +0000

Discipline and control is the key to achieving any of the items you mentioned. The recipe to good personal finance is quite straightforward as you mentioed, its just that life gets in the way!

In regards to savings accounts, I recently did a review of ING (vs HSBC) and while it is probably the easiest to use account, it has one of the lowest APY around. HSBC is about 0.5% higher, which can make a big difference in the long run.

By: Patrick

Patrick — Fri, 25 Jul 2008 02:40:27 +0000

Gail,

I’m sorry to hear about your experience with cancer and leukemia and hope you don’t have recurrences. I was not aware of the lack of a POD or beneficiary application, and assumed something like that would be covered with a will.

I still like ING and think they offer a great service that almost everyone can take advantage of.

By: Gail

Gail — Fri, 25 Jul 2008 02:05:43 +0000

I have been with ING Direct for several years and have always been happy. However I may be changing my mind. Two years ago, I had cancer and leukemia and almost died. My will was set up, however ING does not have a POD (payable on death) or beneficiary application. Can you give me a reason now to hang onto ING? But yes, space your money out in other high yield accounts.

By: MoneyEnergy

MoneyEnergy — Thu, 24 Jul 2008 12:41:16 +0000

Yeah, I think you’ve covered all the basics here. I don’t have accounts with ING Direct, but I do keep accounts at three different banks. Putting unexpected income to work is also extremely important: otherwise I think you just won’t get ahead if you squander even those gifts.