Wednesday Roundup: Where Should I Stash $50,000?

Posted on January 27, 2012

View full post on Credit and Personal Finance Blog | Credit Karma

saving money

Where Should I Stash $50,000?? “I have to meet a few of Mrs. RB40′s conditions before I can quit my corporate job. One of them is for us to save $50,000 in cash. (I negotiated down from 100k because I really think that is way too much cash.) We’ve been working on it for a while and we finally made it this month!” Retire by 40

The three stages of how we drink. “In a flat economy, you’d think that beer would be our alcoholic beverage of choice given that it’s relatively cheaper than wine or hard liquor. In reality, beer has taken a beating too, with total beer sales dropping below 50 percent of the beverage-alcohol market, according to a recent report in Time magazine.’” Bundle

Buy Airfare Six Weeks in Advance. “Airlines Reporting Corporation (ARC), a company that processes airline transactions for travel agents and consumers, has analyzed 144 million transactions for domestic flights in 2011 to better understand airlines’ pricing schemes. The study found the lowest fares were available six weeks in advance of the departure date.” Consumerism Commentary

Extreme Penny-Pinching Tips for Tight Times. “When times are tight, we all look for ways to pinch a few extra pennies. When all of the basic areas have been considered, here are a few extreme penny-pinching tips to help get you over a difficult financial hump. Use them permanently, and you’ll have additional funds for things besides bills. Like that family ski getaway.” Financial Highway

Frugality and Credit Cards: Mutually Exclusive? “Credit cards are plagued with a negative reputation. The media frequently discusses the harmful aspects of using them. Traditionally that is carrying balances, missing payments and increasing interest rates. However, there are plenty of positive reasons to use credit cards. And with proper usage, credit cards can be a part of your frugal lifestyle.” Three Thrifty Guys

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