Comments for Growing Money

Comment on The Best Places To Hide Cash At Home by Char

Char — Mon, 20 Feb 2012 19:07:33 +0000

my children and I have been robbed 2 times within 2 years both times the robber taking every dollar we have, the entire safe and all of our identities because they were in the safe. I have had bad experiences with safes, when I come home it is missing and unbolted. I am a single mother so have had to find other ways to get things done. the hym of a curtain at the window, bandaid box, old childrens card box taped up and in the bottom of the toy box or on the bookshelf, buried deep in a house plant that you wont give away, under the kitchen cabinet in the sos pads box are some places that I have started to utelize

Comment on The Best Places To Hide Cash At Home by RMD

RMD — Thu, 09 Feb 2012 10:30:04 +0000

I keep ca$h rolled up in an older distinct solo sock amidst all my socks. Sometimes I even forget, and it’s like ‘kaching!’ bonus! One time I found $400 in an old sock, I totally forgot it was there. Must’ve been there at least a year.
I wear flip-flops all year round if you’re wondering.

Comment on Is Cash Value Life Insurance Really a Good Investment? by Fernando

Fernando — Wed, 08 Feb 2012 01:20:38 +0000

It’s important to understand the individuals current financial situation and specific needs first and foremost. I would never recommend Whole Life as an investment, let alone, your ONLY investment option. Although, there are some investment aspects that are attached, Whole Life should be used as a long term savings with minimal guaranteed growth that possesses levaraging power against the risk of death. It should be part of a larger portfolio of different asset classes. I am certain that Whole Life is valuable and will serve it’s purpose if positioned appropriately.

Term Insurance serves it’s purpose as well. Again, if used appropriately and dependent on the individual’s needs. It is definitely not the end all solution for protecting against the risk of death. Term Insurance is used primarily to cover “expiring debt” that may otherwise be left behind for surviving family members to relieve due to the insureds premature debt. (mortgage, cc debt, auto note, etc.). With a specific end date to coverage, along with it’s affordability, term coverage is ideal for these specific circumstances. On the other hand, Term Insurance is, in my opinion, a poor choice if your need is to provide income protection for a surviving spouse or child. Unless, your intent is to convert it to permanent insurance at some point in the future. We have no idea of when we will die, so therefore, how can we assume when life coverage should end? What if my 30 year term is up and I am still living with the need for life insurance? I have the choice of paying an astronomical premium for more term or run the risk of not even being insurable at that point in time.

Either way, I am a huge advocate for the benefits of life insurance whether permanent or temporary. IF the need presents itself and structured properly.

Comment on Citi Dividend Credit Card 5% Cashback 2012 Q1 by Jane @ excellent cc

Jane @ excellent cc — Mon, 06 Feb 2012 19:07:50 +0000

Excellent reward categories. It’s hard to believe for me that the card pays 5% cash back on health care. I had a surgery a month ago paying for everything with this card. With its 5% cash back I expect to get a great return. but how do they do it?

Comment on The Big Bang Theory Teaches Financial Responsibility by Jane @ excellent cc

Jane @ excellent cc — Mon, 06 Feb 2012 19:03:48 +0000

I am a big fan of The Big Bang Theory and I could say that you are absolutely right about its financial lesson in episode 14. Unfortunately not as many people in Penny’s situation can see their problem, don’t realize that they can change situation, save some money by simply stop overspending.
If Penny will cut off on her shoe spending, she definitely will have better financial life.

Comment on U.S. Mint Circulating $1 Coin Direct Ship Program by Bert

Bert — Sat, 28 Jan 2012 03:54:27 +0000

In your description of the Direct Ship Program you did not mention whether the coins were from the Philadelphia or the Denver Mint, or both. Ideally, each box of 10 rolls would have five rolls from each mint. Which did your boxes contain? The individual rolls I have bought directly from the mint have the president’s name and the mint (designated by P or D) printed on the wrapper.
Also, do you know whether or not the Direct Ship Program will continue now that the Treasury Secretary has directed the Mint to stop issuing circulating presidential dollars? From what I have read, the Mint hereafter will only produce enough of each presidential dollar “to satisfy collector demand”. It is unclear to me how the Mint will go about doing that.

Comment on The Best Places To Hide Cash At Home by nikki

nikki — Wed, 11 Jan 2012 01:31:18 +0000

I hide my money in a ziplok and place it in the drop ceiling of my apartment, tape to the backside of my pipes in the basement and also I hide it under the grill cover in a jar in the winter….noone in thier right mind is going to mess with 4 ft of snow to get to the cash….not even me!

Comment on Benefits of Paying Off Your Mortgage Early by Real Estate Brokers

Real Estate Brokers — Mon, 12 Dec 2011 06:24:46 +0000

I have always explained to my buyers to make an extra payment on your mortgage per year, it reduces the amount of interest, and applies to balance reducing what you owe, with so many short sales and customers and friends who owe more on the mortgage, this may be an alternative.

Comment on My Coke Rewards Codes by Stephen

Stephen — Wed, 07 Dec 2011 16:11:28 +0000

i need some unused my coke rewards codes from anyone. i dont care who emails me, i need them. my email is srabes94@gmail.com. Thx everyone!

Comment on The Business Idea of Penny Blossoms by Bill Henry

Bill Henry — Mon, 05 Dec 2011 02:58:14 +0000

Well Sheldon just can’t do math, or there is a major problem. If Penny was only making $5.19/day, and made $156 already, then she had been working steadily for about 30 days. Not consistant with the story line … however its just badly written …I love Big Bang and though Penny has never met me, I just know a overweight unemployed 55 yr old engineer is what she is really looking for.