payroll-deduction

Well, it finally happened to me. Last Friday, my company announced that it is halting 401(k) matching contributions, raises, and promotions for the remainder of the year. This is definitely better than losing my job, but between the match and the raise, that’s a good 5-7% loss of income. I am sure many of you [...]

Following the success of previous Frugal of Cheap Test, I am going to throw another one out there for your enjoyment. I hope that you’ll like this Financial IQ Test as much as the last one and find it somewhat educational as well. Please note that I’ve included a link or two for some questions. [...]

One of my favorite motto is: “simpler is better.” I think it’s crazy how someone like Madison can have 181 accounts and still live a sane life (hi, Madison). Since she shared her strategy on how to manage her 181 accounts and complex finance, I’ll share how I simplified mine.

1. Start payroll deduction to fund [...]

Recently, I realized that I am down to my last checkbook and started to look around the Web to order a new check. Then I remembered that my brokerage firm had merged with (or acquired by) another firm, thus the check information may have changed. So I went online and found that it will cost [...]

I want to share with you how I saved my first $250,000. Of course, your result will vary depending on your income, saving options, and ability to save.
Automatic-Investment Plan (AIP)
I started working in 1996 as a contract worker, so I didn’t have any 401k plan. Personally, I am not a budgeting type, so I had [...]