Five years ago, I wrote about my lifelong passion (some would say obsession) for spare change. This dates back to counting the spare change and “egg money” in my grandmother’s chipped gravy boat in the 70’s. Today, this is the spare change stash in my office: But here in the 21st century, I don’t have too many cash transactions, and therefore not a lot of physical spare change. Enter the micro investing app Acorns* which invests your digital spare change. Five years ago, I signed up for Acorns and linked my checking account. The checking account is my “funding source”. Then I linked my credit card. You can link more than one card including debit …
Saving
Capture Those Dollars!
Recently, in a meeting with clients, we realized their car loan would be paid off in two months. I rang the and said “That’s terrific and now I recommend you…” and they finished my sentence shouting in unison, “capture those dollars!” I guess they’ve heard me say that before….probably many times! It’s my standard response to increased cash flow. Why am I so fixated on capturing dollars? Because unless you win the lottery or inherit a big pile of money* you must spend less than you earn in order to build wealth. *Note: I don’t recommend playing the lottery and inheritances don’t always materialize…. Capturing …
