Comments on: No Touchy.

By: DealForALiving

DealForALiving — Wed, 10 Dec 2014 11:27:35 +0000

And here I thought I was getting sick of reading about interest bearing retirement accounts, you change my way of thinking by labeling them untouchable. Bravo.

By: Free to Pursue

Free to Pursue — Mon, 24 Nov 2014 15:01:01 +0000

“Money In, Phalanges Off!” LMAO!!! Good one!

By: J. Money

J. Money — Sun, 23 Nov 2014 20:22:12 +0000

In reply to Kate@GoodnightDebt. Priorities, or budgeting problems :) I had to start putting a padding in my checking account that way it prevented me from playing that money xfering game anytime I got low on funds. Maybe that would work for ya?

By: J. Money

J. Money — Sun, 23 Nov 2014 20:19:52 +0000

In reply to Dividend Mantra. You'd be able to afford dozens of parachute pants, good sir :)

By: Kate@GoodnightDebt

Kate@GoodnightDebt — Sun, 23 Nov 2014 00:42:56 +0000

I have a problem and this is my problem. Though my problem is more accurately defined as “set up little BS savings accounts, fund them and then drain them for something different.”

Thankfully, my crappy savings account habits don’t impact my retirement savings. Hopefully, when I shift to major savings like a down payment, that will be safe too. I know it’s possible because I’ve never dipped into my travel account! Priorities, I guess :)

By: Dividend Mantra

Dividend Mantra — Sat, 22 Nov 2014 22:37:26 +0000

J$,

If I promise no touchy, can I get a pair of parachute pants? :)

Best regards!

By: J. Money

J. Money — Sun, 08 Jun 2014 19:11:16 +0000

In reply to @freepursue. For sure! Perfect mindset to have right now, no doubt about it. Whatever gets you to actually SAVE IT and leave it alone is all you need in my books. Exactly why I pour our extra money into retirement accounts too - you can't dip your hands back in the cookie jar without a firm spanking!

By: @freepursue

@freepursue — Thu, 05 Jun 2014 11:53:40 +0000

Out of sight (and out of reach), out of mind. That “saved” me when my savings were automated by my employer (matching and share ownership top up program). If it weren’t for those programs, I’d be a lot poorer.

Now that we manage our own finances without the benefit of a benevolent employer (oh, wait, that’s us now…), we put our savings into “high penalty” accounts, such as taxable accounts when we can — and we reinvest the tax return…duh. I also move $$ from our savings to our investment accounts on a regular basis. Somehow, once it’s in the investment accounts, it feels as though taking back out is just not “allowed”…I guess we’ll have to change that mindset at some point ;).

By: a terrible husband...

a terrible husband... — Wed, 04 Jun 2014 14:07:43 +0000

In reply to J. Money. Ha! That does sound painful...

By: wes@GenWiseWealth

wes@GenWiseWealth — Tue, 03 Jun 2014 20:38:57 +0000

I get caught up in the savings account / checking account shuffle all the time. It’s easy to do when you’re constantly transferring money out of your checking accounts to your outside investment accounts. Timing is key…set up regular transfers after you receive your pay check, to insure that you have enough cash!