Category: Every Day

Categories
Every Day

The Three Ways To Save

This is an easy concept that I have always remembered from Amy Dacyczyn’s “Tightwad Gazette” newsletters. Yes, I was one of the first subscribers of her newsletters back in the 1990’s. I had always been frugal but her newsletter helped me to stay motivated especially when we were paying for our two sons to go to private schools and to college and planning on an early retirement. She then wrote 3 books. All of the newsletters were compiled into a book called The Complete Tightwad Gazette . Even though it was written back then, the concepts in it are timeless.

But one concept has stuck with me and I use it everyday. It’s the three ways to save:

1. Buy it cheaper.

2. Make it last longer.

3. Use it less.

It can be applied to almost every product that you use. One of the examples in her book that I use all the time is the one on coffee. Even though she was not a coffee drinker at the time, I love my coffee so I have tried to use this concept over the years.

1. Buy it cheaper: At first I was buying cans of sale coffee when I would see a sale. Usually I would buy 2 cans. In later years we purchased a Keurig. We were buying K cups. It didn’t take me long to realize how expensive they were. So I went back to buying ground coffee to use in a refillable cup in the Keurig. Then I went on the hunt for the best sale price on coffee that I could find. I tracked the lowest price I paid and when I would see a better price than that, I would stock on 5 cans or whatever I could fit into my budget. I built a stockpile of rock bottom priced coffee. If the coffee had a coupon that was so much better. I have to disclose that I am not brand loyal. By the time I use creamer and Stevia or flavored SF syrup, any coffee tastes wonderful.  

This past week, Top’s had a sale on Folger’s coffee. It was $1.99, limit 1. There was no coupon but there are rarely any coupons on food anymore. I haven’t seen a price that low in years. I would have loved to get lots but I was not about to waste expensive gasoline just to go buy one can of coffee. That would not be very cost effective. So whenever I or Hubby went near a Top’s this week, we would stop and get a can. I ended up getting 2 cans for my stockpile. I now have a total of  4 cans of coffee in my stockpile. Some of the coffee is in my freezer to keep it fresh.

I have to do a disclaimer. Hubby has to drink decaf coffee and he loves his Green Mountain Breakfast Decaf K cups so I still buy those for him. After 52 years of marriage, I know when to pick a fight and this is not one of them. But I buy them at the best price I can find, usually on subscribe and save on Amazon. Will I be able to get him to use the refillable cup in the future? Maybe, maybe not. 

2. Make it last longer. I do this by reusing the grinds in my refillable cup. I mix them with fresh grounds for another cup. It tastes just as good as the first one. Instead of throwing the grinds out, I will keep them to use one more time. I just put them in an empty baby food jar in the fridge. Then at dinner, I put half in the cup and mix in fresh for the rest. 

3.Use it less. This I have slacked on since my surgery. I have been drinking more coffee than I should. So last week, I have cut down to one cup in the morning and one after dinner. I consider my dinner coffee as dessert. This will make my coffee stockpile stretch even further.

Another example would be cheap turkey or chicken.

1. Buy it cheaper: Buy 2 or 3(whatever your freezer has room for) turkeys at Thanksgiving when the prices are at rock bottom and cook them during the next year. I have paid as little as $.39 a lb over the last few decades and purchased as many as 6 turkeys. If you don’t have room for whole turkeys, cook more than one up and package the cooked meat, freeze, and use it in future meals. I used this method when I only had a freezer in my fridge even if I could only cook and fit two turkeys. 

If you don’t like turkey that much, then buy roasting chickens at the rock bottom price. I bought these last year for $ .79 a lb. which is a great price for our area. 

Use this concept for all poultry, meats and fish. You will save a fortune.

2. Make it last longer: Turkeys, chickens and roasts can be stretched into many meals. I have gotten 10 – 15 meals from a huge turkey. I would get 5 – 6 meals from one of these chickens. When you think you have gotten all the meat off that you can, then make stock and use the bits that come off in the cooking process to make a pot of soup that could last you another 2-3 meals. Freeze the rest of the stock in reused jars to use throughout the year.

3. Use it less. When it comes to meat, fish or poultry, use the portions that the FDA recommends. I don’t need more than 3-4 ounces of it and Hubby eats about 5 ounces. Our bodies don’t need more than that although we have been guilty at times of eating more.  

My last example is buying clothing as I lose weight.

1. Buy it cheaper. All of the clothing I have purchased recently for my in between weight has been purchased on sale. Much of it has been bought at the Ann Taylor Factory Outlet with sale prices of up to 60% off and coupon codes.  When I am down more sizes, I will resell it to recoup some of my money.

2. Make it last longer. I have been hand washing and hanging all of this clothing because I don’t want it to shrink before I lose the rest of my weight. Doing this will also let me keep it newer looking and help me recoup more money. I will most likely always hand wash and hang my clothes even when I get down to the size I want, especially anything delicate. Take good care of your clothing and it will last.

3. Use it less. I alternate all of the clothing I bought so as to wear them evenly and not have one wear out faster than another. I will continue to use this concept when I have my forever wardrobe. 

These are just a few examples but you can apply these principles to anything you purchase whether it be food, household products (use less cleaners, less shampoo, less conditioner, less laundry soap, less dish soap, etc.), clothing, shoes, furniture, carpeting and the list goes on and on.


Just think about all three of these ways to save each time you purchase or do anything. It will pay off in $$$$$ in the long run.

Do you have any examples of how you apply these principles? Please share with all of us.

Categories
Every Day

The Deal of The Year

I love salmon but I don’t love the price. But because it is so healthy for me and it tastes so darn good, I try to keep a supply in the freezer.

The very best price I usually get it at is when it is on sale at Top’s for $ 10.99 a pound. That is when I stock.

However, Wednesday night on our weekly chat, my sister told me that she got salmon at Aldi’s this week for $ 7.69 a pound. I told her I had purchased it there before on sale and it was delicious. Since I only had a few pieces left in my freezer, I decided to go on the hunt to Aldi’s to look for this salmon on Thursday morning.

I found 3 whole ones which are pictured above. However I noticed as I looked at them that they were expiring on July 26th which meant today.  All three of them had the same expiration date and they were the only three they had.


So I picked all three up and put them in my cart. I put them at the end of my order as the cashier checked me out. I asked her to call a manager and to not ring up the salmon until after I talked with her.

The manager came over and I said to her ” These salmon all expire on July 26th which is tomorrow. Would you reduce the price to a reasonable one? If you do, I will buy all three.” She said to me “How about 1/2 price on each?” I didn’t think twice about it and they came home with me and are in my freezer. Note the reduction for each on my receipt.

I got 7.78 lbs. for $29.90 or $ 3.84 a pound. I didn’t hesitate because they looked good and I know that they have a guarantee that I can get my money back if one of them is not good. The manager told me just to hang onto the receipt. Guess what we had for dinner last night? It was delicious! 

I also picked up the three pack of the above pictured organic ground beef. It came with three packages connected. I cut the three apart to fit them in my freezer. The three pack was on sale for $4.49 a pound or $17.96 for all three. The total of the 3 packages was 4 lbs. I tell you this because the cashier decided that since there were 3 packages attached she must have to scan it three times. When she gave me the total I said something is wrong. The manager was still standing there and she said to the cashier, the total price of all three of the ground beef is $17.96. As you can see on my receipt, they charged me for three and then credited me back two. That would have been awfully expensive ground beef. So watch your prices when they ring up. If I hadn’t been talking to the manager about the salmon while the cashier rang up the ground beef, I would have caught it before the order was totaled.

I buy this normally in a 1 lb. package on sale at Aldi’s for $4.49. The three of these packages that were connected were larger than my norm so they were a total of 4 lbs. This is hands down the best ground beef we have ever purchased since the 1960’s. The flavor and texture is outstanding. I will never go back to purchasing other ground beef. 

The salmon deal made my day, week and month! Do you remember a deal that made your day?  

Categories
Every Day

Saving on Utilites By Using Your Toaster Oven

My toaster oven saves us so much money. We use it for most meals instead of our large oven. Granted we are a family of two but I make meals for 2 nights in it sometimes.

We have small pans that fit in it. It even accommodates small foil pans that I can prepare meals in advance in and then freeze. It is so easy to just pull them out of the freezer when needed and put them in the toaster oven.

Not only do we make casseroles, roast meat and veggies in it but when Hubby wants a pizza, it fits nicely on a small pizza pan and cooks  beautifully in it. I have also baked cakes, brownies and a few cookies at a time in it. I have made biscuits too.

The cost to operate it is so much less than heating up the large oven. If I choose to use it when the A/C is on, I can easily transport it to the patio or garage and plug it in there so that I am not heating up the air in the house that the A/C just cooled down. 

I bought an expensive Breville and it has served us well for a long time. If it died tomorrow, I would replace it without even thinking about it. That is how much I love it. But there are many less expensive toaster ovens that you can use that will do the same thing.

So the next time, you go to turn your oven on, see if you can’t cook your item in the toaster oven and save  yourself some money. 

Do you have a toaster oven What do you cook in it?

Categories
Every Day

Frugal Things We Have Done This Past Couple of Weeks

These are the things we have done frugally the past couple of weeks.

I signed up for free samples on Amazon. We got our first one. The writing on the packaging was rather hilarious.

On our reunion trip, we purchased no meals or drinks during the trip to our destination or coming home from it. We just ate snacks and drinks that I had packed at home. I had packed an assortment of chips, granola bars, organic Honeycrisp apples, almonds, candy bars, Baby Bella cheeses, mozzarella sticks, turkey pepperoni, avocados, Slim Jims, Parmesan Crisps, bottles of water, and bottles of Diet Snapple Raspberry Iced Tea.

We purchased no food or drinks of any kind at the hotel. My son and DIL were nice enough to feed us breakfast on Sunday before we returned home.

The Hilton Hotel cost us $123. a night for two nights and $5.00 a day for parking. Plus all of the taxes and surcharges that New York state adds on. I purchased the hotel through Priceline using a $5.00 off coupon and used Rakuten to get cash back and by using my rewards card, I also got cash back.

I brought home from the hotel the leftover body wash, lotion, shampoo, 2 K cups, and 2 non dairy creamer.

I used up the last $.20 off a gallon of my gasoline reward points to fill up the tank for our trip out. We used our EZ pass for all the Thruway trips which gives us a discount on tolls.

At the Buffalo Zoo we were able to pay the senior admission for the two of us and children’s admission for my granddaughter. I thought they might question me because she is so tall but they didn’t. These discounts saved us $7.00. Parking was $5.00 and saved us from parking on the street and then walking a long way. We brought plenty of iced water and snacks with us from home so we purchased nothing there.

At Niagara Falls, parking would have been $10.00. But on certain days, if you are a NYS resident and over 65 years of age, you park for free. It was a Tuesday and it happened to be one of those days. We also brought plenty of water and snacks with us.

I purchased the newest Samsung 10.1 tablet for Hubby on Amazon Prime day. We saved $30. over what it would have cost us prior. I also used my almost $20. in rewards cash to help defray the cost further and I earned 6% back in rewards. I had also purchased a $25. gift card to use and got a $ 5.00 promotional credit.

I purchased some Queen vinyls for my granddaughter earning 6% back in rewards. 

In my quest to be more frugal and intentional, I have been working on cutting back what I spend on household products. We use a lot of liquid soap in this house. Not only is it expensive but it seems like I am always buying it whenever I go to Walmart where up to now I had found the cheapest price. So I have been researching a cheaper price to buy it in bulk. On Amazon, I found that I could purchase a good quality soap with good ratings in bulk. I ordered 4 gallons for just $.07 an ounce and it will give me back reward cash. It also will last a while. The only down side is that it won’t arrive for a month but I think I have enough to last me until then. We are also being more intentional about using less of it.

I bought 2 LED 3 way bulbs, that are warrantied for 22 years, for our reading lamps online at Amazon for $19.95. At our hardware store, it would have cost me that for one.

I drink V8 juice quite a bit for breakfast. I was on my last bottle so I was looking for a great deal. I purchased the above pack of 24 for $ 6.16 at Amazon which was a superb deal.

We went to Russell’s Steakhouse , our favorite restaurant, for dinner one night.  It was a celebration with Alexa of our anniversary one week late. We received a gift certificate for Christmas. It covered all of the bill except for $20.74 plus a $35.00 tip. Alexa loves going there as much as we do.

I have problems with my hands when I use my tablet. I noticed that Alexa had a gadget on her cellphone that goes on the back and lets you hold it between your fingers. She told me that they sell them for tablets too and are called Pop Sockets. I purchased one on a Prime Day to get 6% back in rewards.


I read the electric and natural gas meters and submitted them to the company so that I wouldn’t get an estimated bill. We only used 450 KWH’s and 3 CCF’s of natural gas in the past month. Our bill was the smallest ever for a July one: $ 81.50. Of course, we had no A/C for three days but we also didn’t run it when it wasn’t needed.


We know that there was a power surge while we were away at the reunion because all of our clocks were flashing when we came home. We have had a lot of them lately especially when we have a storm. The A/C repairman told us that it is feasible that it could have blown out the switch on our A/C. 


The cost of the repair for the A/C was  $ 139.32 just to come out. They did not have a switch on the truck so he took the bad switch out and twisted the two wires together which will keep the A/C running until they can put a new switch in. We don’t know what the switch will cost yet but it is the cheaper of all of the scenarios that could have been the problem. Bottom line is that we are very happy to have A/C again. Heat index the three days after it was fixed was 100. 

I have gotten very good at keeping the SUV under 2000rpms when I start up from a light or stop sign. This allows me to save on gasoline. No jack rabbit starts for me.

The only school supplies I purchased on the sales this year are these 4 notebooks at Office Max. They were $ .10 each. I use them for keeping track of various things here. I am well stocked on everything else we need. 


I returned two Sim cards that Hubby bought accidentally to Amazon. They are not charging me shipping to send them back. It was easy to get the code on my phone to have UPS scan it,  package them, and ship them back.

I ran all of my errands on Monday doing the 8 mile trip in a circle to save on gasoline.

I froze three bananas that were leftover. I will make banana bread when it is cooler in the Fall.

We were able to turn off the A/C on Monday evening. Temps at night have been in the sixties and daytime 70’s. It’s comfortable since it isn’t humid like it was.

I post my frugal things weekly when I don’t have company. I do it so that you all will sometimes glean a tip or think about things that you haven’t thought about. Some weeks they add up to quite a bit of money; others not so much. But I want you all to realize that the little things add up to big money over the period of 6 months to a year. Saving on these things in good times allows us to continue saving money in our investments so if there are bad times we can weather them easily.

I don’t get much feedback on these type of posts. I can easily change this Wednesday post to something that would be better for all of you. So let me know if you like this particular kind of post or would benefit from something else.

Feel free to share what you have done frugally the past couple of weeks. 

Categories
Every Day

What We Ate and Grocery Shopping

Just a quick list of what we ate last week.

Dinners:
 
Five Guys Hamburgers and FF’s

Chicken, Broccoli, and Air Fried Baked Potatoes

Dinner out at Russell’s: Filet Mignon for both Hubby and Me, Baked Potato for Hubby and a veggie, Stuffed Tomato and Asparagus wrapped in Prosciutto for me, Chicken Tenders and Fries for Alexa, Chocolate Covered Strawberries for dessert for Hubby and Alexa

Spaghetti and Meatballs with garlic bread for Hubby, Alexa and my DIL. Spaghetti and meatballs for me on zoodles

Chicken, Broccoli,and Baked Potatoes again

Pasta Bake for Hubby and Chicken and Broccoli for me

Shaved Rib Eye Steak sandwich for Hubby and  mine was done with a lettuce wrap

Lunches were sandwiches or late breakfasts with pastries, bread, eggs, bacon, sausages, cereal, apple cinnamon waffles, hash browns, cantaloupe balls, etc.  


Grocery shops were done at Aldi’s and Top’s.

Aldi’s:


Beef Shaved Steak – $5.79
Boneless Chicken Breasts at $1.49 a lb = $ 8.06
2 Dozen Large Eggs $.79 each
1 Hot Dog Buns – $ .65
1 lb. Strawberries – $ 1.39
1 Half and Half – $ 1.55

Total was $ 19.02.

Top’s:

1 Reusable Bag using Top’s Q – $ .69
4 Kummelwick Rolls –  $ .75 each = $3.00
1/2 gallon Milk using Top’s Q – $ .99
2 Top’s SF Raspberry Jello – $ .79 each = $ 1.58
1 lb. Bacon using Top’s Q – $ 2.99
2 containers of Fresh Mushrooms-$.99 each = $ 1.98
5 Brown and Serve Sausage – $ 1.00 each = $ 5.00
3 Top’s Black Olives for $5.00

Total was $ 21.29. 


Did you get any good deals at your markets this past week?

Categories
Every Day

My To Do List, Etc.

It’s been a busy 10 days and I loved every minute of it. My daughter in law arrived on Friday and my granddaughter was so glad to see her. 

Yesterday my son and grandson and their dog, Nori, came out for breakfast. All of us had a nice morning of just being with each other. It’s always a treat for me to have family together.

My granddaughter and DIL left about 11:30am to make the long trek home. They made an adventure out of it by taking back roads and staying off the highways. It took them 7 hours to get home but they enjoyed every minute of it. If you have never taken a different route to where you are going, try it sometime. It is fun to travel from one side of a state to the other and just enjoy the scenery.

My son and grandson left to go home about 2:30pm. The house seemed very quiet after the hustle and bustle of the week.

Hubby and I ate leftovers for dinner. We had leftover spaghetti sauce with meatballs so I made Hubby a pasta bake smothered in mozzarella cheese. I ate leftover broccoli and chicken. I will freeze the rest of the cooked chicken for another day. The rest of the pasta bake will be scooped up into portion size dinners and frozen.

But today I have quite a to do list to catch up on:

Get groceries at Aldi’s and Top’s – they have some good sales that I am not passing up.

Return deposit bottles to Fast Cash.

Package and take an Amazon return to UPS.

Go to the library to return books and take out a couple more.

All of the errands will be run in an efficient way to save on gasoline.

When I get home, I need to:

– strip 3 beds and wash sheets and all of the towels from 2 bathrooms

– write a Thank You note to the person who held the reunion

– work on some future blog posts

– clean a bedroom


– cut up the veggies to make two salads

-just relax and watch a movie


Do you guys have a busy Monday? Leave a comment and share with us what is on your agenda.

Categories
Every Day

Our Day Trips

Since everyone is sleeping but me, I decided to post quickly about how our week is going. I am up very early and have opened all of the windows because it is 7 degrees cooler outside than in. So I am just typing away here enjoying the cool breeze.

On Monday, we took my granddaughter to Niagara Falls. We went to the American side which isn’t far from where we live. As we were driving along the Niagara River, my granddaughter says to me ” My cellphone says I am in Canada and has gone blank.” I quickly figured out that the closest cell tower was most likely on the Canadian side. 

Fortunately, her camera worked so that she could get some great pics. From the American side, you can see those Falls and the Canadian ones. The closest is the American Falls and the Canadian Falls is on the right in the background. The two countries are very close together at this point. 

I also did some Amazon Prime shopping to get Hubby a new tablet and Alexa some Queen vinyls for her record player. 

Image result for mohan, the baby rhino at the buffalo zoo  

 
Yesterday, we took her to the Buffalo Zoo. She has always loved this zoo. We all got to see the new baby Rhino, Mohan, who is 1 month old. He was just presented to the public for the first time last Friday. Earlier in the Spring, her Mom took her to Washington, DC to see the sites and they went to the National Zoo. She was disappointed. She said the Buffalo Zoo is so much better. So she was very excited to go.

Last night we got Five Guys food for dinner because it was hot outside and without A/C, I was not up to cooking. We got hamburgers and fries. I resisted the fries. It wasn’t easy because they smelled so good.

Alexa and I are going to go get her an Orange Cream at Arby’s later today. She loves them. Other than that we are going to stick close to home since the A/C repair people are coming. Fingers crossed that they can quickly fix the A/C. This has been the hottest week all summer to have it not working. 

Enjoy the rest of your week.

Categories
Every Day

A Great Shopping Adventure With My Granddaughter!

When we arrived home after the reunion, I had nothing thawed to cook for dinner or lunch. So my granddaughter and I went to Wendy’s first so that she could eat a hamburger and fries for lunch.

Then she and I went grocery shopping for the week to buy her favorites so that I knew she would eat. Yes, I spoil her rotten but that is what Grandma’s do. We overbought on lots of treats(many she wanted to try) but whatever she doesn’t eat this week, I am sure my grandson will. Plus Hubby will eat some of them.

The pictures show everything we purchased. Sorry that one of them is blurry and I hadn’t noticed that. I don’t want to take the time to itemize the prices but we did spend $ 168.65. So lest you think I never spend any money, this shows that is not the case.

She only wanted chicken and spaghetti and meatballs for dinner. So we will be eating lots of chicken dishes.
The broccoli was for both she and I. I can fill in anything else that isn’t junk from my stockpile.

I couldn’t believe that she has never had a Twinkie or a Swiss Roll, so we got those for her to try. Her Dad used to love Twinkie’s.

What I didn’t tell you yesterday is that when Hubby turned on the A/C when we got home, it would not turn on. Even the fan isn’t working. We are hoping it is the thermostat. We called our A/C people for service Monday morning and they are swamped. So they can’t come until Wednesday afternoon. So we will be doing as much cooking outside as possible and with the air fryer and microwave. We don’t want to heat up the house. We open the windows at night and cool it down.

I hope you all have a great week! 

Categories
Every Day

We Had The Best Weekend

Last Friday we started our journey to a family reunion. We left in the AM to drive to our Hilton Hotel in Eastern NY. That was a 5 hour drive. 

We drove non-stop with plenty of iced water, iced tea, and snacks in the car that we brought with us. I gassed the car up using $.20 off per gallon before we left.

After checking in the hotel, we left to drive to see our DIL and granddaughter and go out to dinner. My son was working.  We went to the Silver Spoon in Ravena. It is a cute diner that has just delicious food. They were able to accommodate my diet and that I appreciated. 

After spending some time with them, we returned to our hotel to get a good night’s sleep because we knew we had a long day on Saturday.

On Saturday, we made coffee in the room and had a snack that we brought from home for breakfast. We knew we would be eating lunch and dinner at the reunion.

Then we hopped back in the car to drive the almost 3 hours to the reunion in South Salem, NY. We are so glad that we decided to attend. Many of our generation have died but more of us are still here. We loved seeing each other again. It was like we had never been apart.  Many of the next two generations were also there and had a great day swimming in the lake, playing horseshoes and badminton and, going out in the canoe. We just loved catching up with each other and watching the young ones enjoy themselves. We also got to see a brother and sister and her husband who we don’t see as often as we like because of distance from each other.  

Lunch was a number of huge subs, fruit, salad, and greens and a myriad of salads. I was able to eat greens with some cheddar cheese on it and some strawberries. I always carry avocados from home whenever I travel. So I had 1/2 an avocado broken up on the greens which served as a dressing. Water was my drink of the day.

Dinner was hamburgers, chicken kabobs, greens and more salads. The kabobs and greens tasted terrific.

All day long there were cookies, cakes, cheesecake, etc. At 3PM, everyone minus me had their choice of a variety of ice cream. 

I have learned how to eat properly no matter where I go and that there are always things I can eat. When I weighed myself this morning, I had lost 2 more lbs. over the weekend.

Shortly after dinner, we left to drive the 3 hours back to the hotel. 

The next morning we left about 7AM to go to our son’s home and have breakfast. We picked up our granddaughter to bring her back with us for a week. So that was about 5 hours for our trip back home.

It was a lot of driving 3 days in a row and Hubby did it all. 

So with the exception of a short post tomorrow, I will be spending all of my precious time having fun with my granddaughter this week. After tomorrow I will be back posting again on next Monday. You guys have a great week!

Categories
Every Day

The Rule of 72

I have always assumed that everyone knows the Rule of 72 when it comes to investing or saving your money. But having spoken with a number of people recently, I have found that my assumption is wrong. So many of them had never heard of it. So for those that don’t know or are new to saving and investing, I will explain it here.

The Rule of 72 is pretty simple to calculate. It says that if you want to know how many years it will take you to double your money at a given interest rate, you just divide the interest rate into 72.

Here is an example. If I earn an average annual 6% in the stock market, it would take me 12 years to double my money. If I earn 10% it would take me 7.2 years. 

If I only put my money into a savings account and the interest rate is 1.45%, it would take me 49.65 years to double my money. This shows you pretty quickly that investing in a savings account isn’t going to build wealth rapidly. But if you want a safe investment, savings accounts are fine.

When you invest in the stock market, it is risky for a couple of reasons. You can lose a lot of money if the market tanks like a lot of people did in the mortgage meltdown. They lost because they got nervous and pulled their money out at a big loss. So they ended up not being in when the market went back up. Your money invested in the market is not FDIC insured. 

Your savings account is FDIC insured up to $250,000. per depositor per bank. If you have a joint account with your Hubby, you are insured up to $500,000. on that account.

So each person or family has to decide if they want risk or not. Risk builds wealth quickly. Not taking risk takes many years to build wealth. Do what you are comfortable with.


Anyhow this is how to calculate how long it will take to double your money using the Rule of 72.


I hope you all have a fun and safe weekend!