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I Am Second
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I could personally think of a lot of emergency's that could come up where $500 would not be enough. Car repair more then that, unexpected medical or vet bills. House repair. Have to miss work for some reason. Lots of things can go wrong.
No lol when I say cash I mean on hand no banks. Like money I would need if couldn't reach local bank or didn't have card. So $500 cash then 2k local bank and 10k emergency fund online bank.
 

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No lol when I say cash I mean on hand no banks. Like money I would need if couldn't reach local bank or didn't have card. So $500 cash then 2k local bank and 10k emergency fund online bank.
Got yea. That makes much more sense, Although I dont normally carry anywhere near that much cash around. Guess i would be screwed if the Banks were all closed and the ATM system went down!
 

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I Am Second
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Got yea. That makes much more sense, Although I dont normally carry anywhere near that much cash around. Guess i would be screwed if the Banks were all closed and the ATM system went down!
Haha yeah. Just never know when you might be somewhere and their card readers are down etc.
 

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Barbells and kittens
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Took advantage of some cash back offers and promotions recently.

My Wells Fargo credit card sent me an email with a promotion where you got a one time 10% cash back on one purchase up to $400 at a grocery store and the same offer at a gas station. So spent $400 at Kroger the weekend before last. Surprisingly difficult actually, groceries came up to around $360 and got a $40 gift card for Kroger with the rest. The gas station I ended up going mostly Amazon gift cards that I'll use eventually anyway. So got $80 back on that $800 spent.

The second one was two promos from The Celsius Network. One was to refer someone and them depositing a small amount of crypto to their new account. So I referred my wife and sent her some Bitcoin. We each got $40 in Bitcoin for that. The second was put $400 in any crypto and hold for six months to get $50 in Bitcoin. So with what I sent her for the first promo counted for hers and I then sent myself some that I already had elsewhere anyway. So that will be an additional $50 each for holding Bitcoin I was going to hold anyway. Plus 6% APY on all of it during that time. So $80 for us now and another $100 in six months.

So feeling good about coming out $260 ahead on these deals, even with having to wait awhile on the last $100.

So I went to Rural King earlier today and using the card with the recent cash back rewards I bought three 5 gallon gas cans. Every night at work I drive to a neighboring state where gas is about $0.50 cheaper per gallon. Been planning on doing this for awhile anyway, with gas going up so much now is a good time. I figure we use something like 20-25 gallons a week. So could potentially save $40-50 a month on gas this way.

Also a couple months ago one of my credit cards offered a $45 credit if you signed up for a Sam's Club membership (costs $45) with it. At the time Sam's was also giving a $45 gift card for new members. So I did that and also signed up for the Sam's Club credit card because it has 5% cash back at all gas stations up to $6000 a year. So that will be my new card for gas. Should easily end up with a couple hundred dollars a year in cash back at that rate.

Found out last week they're letting us keep the extra work, so won't be losing out on that. Still been trying to save where I can. Also recently found out my Verizon plan includes Hulu, so was able to get that switched over where I'm not paying for it anymore.
 

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I switched last fall from AT&T which was $82 per month, to Mint, which costs $36, huge cost savings and I haven't had any issues with going over on data or anything. Also I got a new iPhone and didn't have to pay for it separately like most prepaid. So I think it's a great deal. My dad has Cricket which is $45 a month but I felt like Mint was worth a try and I've been happy with it.

Also I'm debating to pay my car off or wait. I owe $6000 on it which I can pay off but the payment is only $200 a month at a really low rate and I kind of like having the money in savings better. But if I move out I'd rather have it paid off so I have more left each month.
 

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I switched over to my cable provider Xfinity new plan a few years ago. I am pretty sure they use the Verizon backbone. I only pay $14 a month, they give free text and calls and charge you $14 for every gig of data you use. I have never used that much data I prefer to use a computer to do everything, as long as I don’t watch youtube videos on my phone/ at least when I am not connected to Wi-Fi I have never gone over like 600MB a month.
 

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Also I'm debating to pay my car off or wait. I owe $6000 on it which I can pay off but the payment is only $200 a month at a really low rate and I kind of like having the money in savings better. But if I move out I'd rather have it paid off so I have more left each month.
I was in the same situation as you with a car. I went ahead and paid it off. It will save you money on the interest and free up $200 a month to begin rebuilding your savings. As long as you are confident about not losing your job or income I would highly suggest paying it off. Worked well for me. Have not had a car payment in about 5 years now and it allowed to save up that money to put down on a new car when I am ready to purchase
 

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I Am Second
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I switched last fall from AT&T which was $82 per month, to Mint, which costs $36, huge cost savings and I haven't had any issues with going over on data or anything. Also I got a new iPhone and didn't have to pay for it separately like most prepaid. So I think it's a great deal. My dad has Cricket which is $45 a month but I felt like Mint was worth a try and I've been happy with it.

Also I'm debating to pay my car off or wait. I owe $6000 on it which I can pay off but the payment is only $200 a month at a really low rate and I kind of like having the money in savings better. But if I move out I'd rather have it paid off so I have more left each month.
Yeah I heard someone switched to mintmobile and only pays $15 a month.
 

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I Am Second
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Net worth should top 14k soon, still long ways to go but just a year ago I was in the negative.
 
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Maybe it is a mistake but I honestly don't carry much cash with me. Used to have some when I went on a local food market but even there now everyone has a card reader. The only thing I do, I have different credit cards for different types of expenses. This way I also secure myself in case one card is blocked or lost. I had the situation like that only once and bank of america customer service solved it actually super quickly.
 

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I Am Second
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Great job. Feels great not to be negative like a whole lot of people are dosen't it?
For sure but long ways to go since started soooo late investing.
 

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I Am Second
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Better late then never. Got to start somewhere. How old are you? As long as your not within like 10 years of retirement you got plenty of time to invest
30, just makes things harder and will never have as much as I could of lol. Would started a Roth at 18.
 

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30, just makes things harder and will never have as much as I could of lol. Would started a Roth at 18.
It is frustrating to look at where we'd be now had we started investing/ saving earlier. I try to think of it as us being blessed to have started when we did (which for you is still a young age). To think there are people out there twice as old as you who are one paycheck, or one unexpected emergency away from having zero money. As it stands, for me any emergency for me now is quite an inconvenience (I'm trying to give myself enough of a cash cushion so as not to have to dip into my investments), but seldom enough to risk leaving me broke. Hopefully that's the same for you.
 

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Have any of you heard about games where earnings can be converted to crypto? How about a toilet that can be converted also to crypto? Investments now really takes new forms. Back to my days, investments are just insurances and buying properties.
 

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Barbells and kittens
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Have any of you heard about games where earnings can be converted to crypto? How about a toilet that can be converted also to crypto? Investments now really takes new forms. Back to my days, investments are just insurances and buying properties.

I tried that mobile game Townstar where you can win crypto rewards. I quit right away though because it's something you'd have to play constantly and I just don't have the free time to devote to it.
 

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I tried that mobile game Townstar where you can win crypto rewards. I quit right away though because it's something you'd have to play constantly and I just don't have the free time to devote to it.
Yea, there's always some kind of catch to stuff like that. Reason why I don't bother with apps offering free money. Plus, I don't trust that kind of stuff. 😬

A little bit of passive income would be great even if it's only like 20 to 30 dollars a month maximum but I can't trust stuff that offers you money to not really do anything. I think it's almost always too good to be true.
 

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Yea, there's always some kind of catch to stuff like that. Reason why I don't bother with apps offering free money. Plus, I don't trust that kind of stuff. 😬

A little bit of passive income would be great even if it's only like 20 to 30 dollars a month maximum but I can't trust stuff that offers you money to not really do anything. I think it's almost always too good to be true.
I'm sure there's some opportunities like drop-shipping, affiliate marketing or some other things that offer such passive income. The main difficulty curve is gaining enough traffic to make it worthwhile. Things like real estate as well but again, I worry some people underestimate how much work this is.

Currently, among other things, I'm investing in stocks which raises another dilemma - balancing between my dividend-paying stocks, or invest in long-term high-growth potential stocks. Currently my portfolio has a larger dividend portion than I'd like - and so I'm getting paid more than I intended for and that's a bad thing - and that's the fun of investing! :LOL:
 

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I Am Second
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It is frustrating to look at where we'd be now had we started investing/ saving earlier. I try to think of it as us being blessed to have started when we did (which for you is still a young age). To think there are people out there twice as old as you who are one paycheck, or one unexpected emergency away from having zero money. As it stands, for me any emergency for me now is quite an inconvenience (I'm trying to give myself enough of a cash cushion so as not to have to dip into my investments), but seldom enough to risk leaving me broke. Hopefully that's the same for you.
Yeah having cash reserves is everything. I know tons of people who are investment rich but have no cash if something comes up. I'm trying to build up my cash now so only doing 401k match and hsa now.
 
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