Ways to save money money money

sandyeggo325i · 02-27-2008, 02:10 PM

Quote:

Originally Posted by Josh49

HSBC internet banking for the longest time was 5.25% without any minimum. And it was liquid (well, it takes 3 days to transfer somewhere, but I still consider it fully liquid). Now with the way everything is it's down to 3% or so..

yes, everything is around 3.5% now...thats just where the market is for online banks. see my post above

Josh49 · 02-27-2008, 02:11 PM

Quote:

Originally Posted by KenB

warning

but I went to a bachelor party and a guy (who drank alot and smoked a ton of weed) decided to give himself a hair cut, with clippers (I am laughing out loud as I type) it looked like Jackass when they hit each other with the clippers, right down to the skin

Yeah, occassionally the length block (don't know a better term) will fall off the clippers if you push it in a weird way or something.. Always makes for hilarious comments at work the next day..

sandyeggo325i · 02-27-2008, 02:11 PM

Quote:

Originally Posted by Boosted335

haha i work for california credit union

im going to get 4 percent for 1k, i just dont want the money to be touched because one day i want to buy a house and live comfy and i think its a perfect time to start up. Im 20 years old.

I have really cut down but its only been 3 days every since monday i think ive spent only 30 bux total!! wow unbelievable huh? i think if you try you can do it.

I think monday i spent 10 bux on gas, tuesday i put another 20 bucks of gas and i have a lot of gas left in this daily 4 cyclinder until i drive the SUV.

funny...i bank at california coast ! i just quoted your rates...

Josh49 · 02-27-2008, 02:12 PM

Quote:

Originally Posted by sandyeggo325i

yes, everything is around 3.5% now...thats just where the market is for online banks. see my post above

Yeah.. Bastards. I was really loving the 5.25%..

txusa03 · 02-27-2008, 02:13 PM

Quote:

Originally Posted by Josh49

HSBC internet banking for the longest time was 5.25% without any minimum. And it was liquid (well, it takes 3 days to transfer somewhere, but I still consider it fully liquid). Now with the way everything is it's down to 3% or so..

are you for real, shat that is great rate for this period...Thanks and see ya

sandyeggo325i · 02-27-2008, 02:13 PM

Quote:

Originally Posted by Josh49

Yeah.. Bastards. I was really loving the 5.25%..

ya seriously...5+% was silly...

you could actually pull money from a credit card, transfer to a 0% card, park it at an online bank and make money

why did it stop counting my posts in here

sinnet112 · 02-27-2008, 02:14 PM

It's all about making conscientious decisions. If you really want to save money, everytime you make a purchase just think about whether you really need it or not. If it's an impulse buy, think it over for at least 3 days then buy it. You may find yourself changing your mind later.

Taking a good look at your expenditures will help you find out what was a necessity and what wasn't. Food really does add up, but there's both expensive and cheap food, and you don't always need the very best.

It's good that you can still get a CD this high, especially with the Fed cutting rates and such. Seeing as how another cut is in the near future, if you want to lock in a CD at that rate, I'd say do it ASAP. E-Trade does offer a Savings account with a 4.1% APY but that's been dropping since December, where it was 5.05%, but that may be another option for you as well.

Josh49 · 02-27-2008, 02:15 PM

Quote:

Originally Posted by txusa03

are you for real, shat that is great rate for this period...Thanks and see ya

Looking up current rate. They were generally the highest around I found..

Josh49 · 02-27-2008, 02:15 PM

3.55% currently -
http://www.hsbcdirect.com/1/2/1/defa...BUS_CSM0000056

No fees, No BS. Only a dollar to start up, etc.. It was around 5.25% a couple months ago and was for a solid year or so..

sandyeggo325i · 02-27-2008, 02:15 PM

muhahaha haircut DIY

txusa03 · 02-27-2008, 02:16 PM

Quote:

Originally Posted by Josh49

Yeah.. Bastards. I was really loving the 5.25%..

oops, by bad, the key word is "was"

got me all juiced up to dump some funds over to hsbc

Josh49 · 02-27-2008, 02:17 PM

Quote:

Originally Posted by txusa03

oops, by bad, the key word is "was"

got me all juiced up to dump some funds over to hsbc

3.55% right now.. Still higher than most other things around..

sandyeggo325i · 02-27-2008, 02:20 PM

Quote:

Originally Posted by Josh49

3.55% right now.. Still higher than most other things around..

but lower than my www.emigrantdirect.com

but both even lower than Etrade right now

Josh49 · 02-27-2008, 02:21 PM

Quote:

Originally Posted by sandyeggo325i

but lower than my www.emigrantdirec.com

What rate are you getting there?

txusa03 · 02-27-2008, 02:23 PM

oh, one more thing that I personally have participated in. Sometimes a bank will offer you $25 to $75 dollars to open an account with them. Well, knowing me, I jump right at the oppotunity and open an account with them with a minimum of $100. You have to be carefull and read the fine prints and ask the right questions concerning minimum without penalty and other important questions.

I done this 2 times now and got myself $75 and $75. Not a lot but every little amount counts.

txusa03 · 02-27-2008, 02:25 PM

Quote:

Originally Posted by Josh49

What rate are you getting there?

3.60 yield for the online emigrantdirect...your welcome. and I had to check hsbc and yup they are 3.55 (yield?)

!Xoible · 02-27-2008, 02:26 PM

Quote:

Originally Posted by Boosted335

Hey there folks please discuss the ways you save money?

Im sick of spending money left and right 85 percent on gas and food.

Ive decided to totally cut down very big!

Ive decided every one thousand i have saved im going to put it in a cd.

umm stop hanging around e90post so dont blow money on mods

whether i make 30k or 100k i end up spending 100% of it + all my other savings and investment, ridiculous.

i put a separate savings account that i wont tap into, not a CD, but thought about it. CD is good option tho, idk why i didnt do it haha

sandyeggo325i · 02-27-2008, 02:31 PM

Quote:

Originally Posted by mantis

umm stop hanging around e90post so dont blow money on mods

whether i make 30k or 100k i end up spending 100% of it + all my other savings and investment, ridiculous.

i put a separate savings account that i wont tap into, not a CD, but thought about it. CD is good option tho, idk why i didnt do it haha

again...

considering the liquidability of high yield online savings accounts....CDs are lame IMO...

txusa03 · 02-27-2008, 02:53 PM

Quote:

Originally Posted by Boosted335

haha i work for california credit union

im going to get 4 percent for 1k, i just dont want the money to be touched because one day i want to buy a house and live comfy and i think its a perfect time to start up. Im 20 years old.

I have really cut down but its only been 3 days every since monday i think ive spent only 30 bux total!! wow unbelievable huh? i think if you try you can do it.

I think monday i spent 10 bux on gas, tuesday i put another 20 bucks of gas and i have a lot of gas left in this daily 4 cyclinder until i drive the SUV.

you are on the right track my young friend...it is indeed possible. Take advantage of the credit union while you work for them. My credit union gives me 3.9%. Many people have great suggestions but no one said anything about GF, it will be very hard to follow this path religiously when you have a gf.

b335i · 02-27-2008, 02:58 PM

Quote:

Originally Posted by dr325i

Is there really a CD that gives you 5% on $1k? I doubt.
My bank gives 4.5% on Savings ($15k min), and the highest CD I have seen was 4.74% a month ago, but I don't see them any more...

Just got one for 5.3% on 10k

KanosWRX · 02-27-2008, 03:05 PM

I just transfered savings over to Etrade, 4.1% right now. Best I have been able to find. CD's from my banks aren't even close that.

Neil · 02-27-2008, 03:17 PM

For saving at a stable rate I like money market accounts, last year I had a CD at 5.4% and my MM account was 5.2%. The best part about the MM vs. the CD was I could keep adding money to the MM account so the interest was compounded on a larger amount therefore giving me more reinvested dividends each month. It makes more sense to make 5.2% on $100,000 in a MM rather than 5.4% on $10,000 in a CD. Its a good place to save cash for a home or places where it will be needed in the short term. For long term savings look elsewhere because for long term you want growth.

Next thing to do to save money is automate as much as possible. Automate all your bills and automatically put money away into retirement accounts. Therefore you get accustomed to having a certain amount and won't spend it.

02-27-2008, 02:14 PM	#29
sinnet112 Major 31 Rep 1,118 Posts Drives: 2009 E89 Z4 Join Date: Dec 2006 Location: NJ iTrader: (1) Garage List 2007 335i Coupe [0.00] 2007 328xi Sedan [0.00]	It's all about making conscientious decisions. If you really want to save money, everytime you make a purchase just think about whether you really need it or not. If it's an impulse buy, think it over for at least 3 days then buy it. You may find yourself changing your mind later. Taking a good look at your expenditures will help you find out what was a necessity and what wasn't. Food really does add up, but there's both expensive and cheap food, and you don't always need the very best. It's good that you can still get a CD this high, especially with the Fed cutting rates and such. Seeing as how another cut is in the near future, if you want to lock in a CD at that rate, I'd say do it ASAP. E-Trade does offer a Savings account with a 4.1% APY but that's been dropping since December, where it was 5.05%, but that may be another option for you as well. __________________ Z4 sdrive30i \| Deep Sea Blue \| Ivory White Nappa Extended Leather \| ZSP
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02-27-2008, 02:15 PM	#31
Josh49 Major General 262 Rep 6,664 Posts Drives: E90 325xi Join Date: Jan 2006 Location: Boston, MA iTrader: (33)	3.55% currently - http://www.hsbcdirect.com/1/2/1/defa...BUS_CSM0000056 No fees, No BS. Only a dollar to start up, etc.. It was around 5.25% a couple months ago and was for a solid year or so.. __________________ E90 325XI, MYSTIC BLUE ON BLACK/ALUM, STEP, NAV, PDC, CWP, XENON, SIRIUS, ALARM, MUD GUARDS, CLEARBRA, CHROME GRILLS AND TIPS, VALENTINE 1 (HARDWIRED), HO CERAMIC 40%, 161'S, REAR FOG MOD, LUX 4.0, BLACKLINES, OEM PEDALS, MTEC FOGS, GRUPPE-M REP INTAKE. 156'S AND RUBBER MATS FOR THE WINTER.
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02-27-2008, 02:15 PM	#32
sandyeggo325i Captain 67 Rep 629 Posts Drives: BMW e90 \| 09 Accord V6 EXL Join Date: Jan 2008 Location: San Diego iTrader: (6)	muhahaha haircut DIY __________________ SG e90 \| Black Dakota Leather \| ZPP \| ZSP \| 19" BBS LM Reps \| Steptronic iDrive \| Aluminum Trim \| Xenon \| CF Roundels \| 15% Tint
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02-27-2008, 02:23 PM	#37
txusa03 Major General 592 Rep 6,563 Posts Drives: TS330iPPSP6MT Join Date: Jul 2005 Location: Planet Earth iTrader: (3)	oh, one more thing that I personally have participated in. Sometimes a bank will offer you $25 to $75 dollars to open an account with them. Well, knowing me, I jump right at the oppotunity and open an account with them with a minimum of $100. You have to be carefull and read the fine prints and ask the right questions concerning minimum without penalty and other important questions. I done this 2 times now and got myself $75 and $75. Not a lot but every little amount counts. __________________ under construction!
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02-27-2008, 03:05 PM	#43
KanosWRX Lieutenant 12 Rep 412 Posts Drives: E92 AW 335i / 1994 Miata R Join Date: Nov 2007 Location: Fairfax, VA iTrader: (0)	I just transfered savings over to Etrade, 4.1% right now. Best I have been able to find. CD's from my banks aren't even close that. __________________ "The most important mod is the one behind the steering wheel" - Koyokid RIP
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02-27-2008, 03:17 PM	#44
Neil The Designer 5 Rep 233 Posts Drives: Nissan Join Date: Dec 2005 Location: CT, USA iTrader: (0)	For saving at a stable rate I like money market accounts, last year I had a CD at 5.4% and my MM account was 5.2%. The best part about the MM vs. the CD was I could keep adding money to the MM account so the interest was compounded on a larger amount therefore giving me more reinvested dividends each month. It makes more sense to make 5.2% on $100,000 in a MM rather than 5.4% on $10,000 in a CD. Its a good place to save cash for a home or places where it will be needed in the short term. For long term savings look elsewhere because for long term you want growth. Next thing to do to save money is automate as much as possible. Automate all your bills and automatically put money away into retirement accounts. Therefore you get accustomed to having a certain amount and won't spend it. __________________
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