A Life Skills Group Community Group

All are welcome to join our group. We're here to share advice, encouragement, and ideas on how to build better lives for ourselves. We can discuss all aspects of daily living, along with anything else that’s on your mind. Each of us knows a little, and together, we know a lot that can help us each to reach higher and go further in life. There's such a lot...

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Beaumont 03/15/2013

Today we have more choices than ever before in where we put our money. There are conventional checking and savings accounts available at banks and credit unions. Recent changes in laws make it possible for anyone to join nearly any credit union. Social Security beneficiaries now have the option of having their benefits electronically deposited to a 'Direct Express' card so they need no checking or savings account to hold their money. Money can also be stored on prepaid credit cards offered by the big name credit card companies (Visa, MasterCard, American Express, etc.) Many banks are now completely online and have no physical bank branches made of brick and mortar. And then there's PayPal, an online payment service for individuals and merchants that allows users to send money and bills to anyone with e-mail.

How do you store your money?

deleted_user 03/20/2013

In a mattress to keep the government's "hands off" in case they think the economy is collapsing and seek to seize any and all they can to stay afloat. (hee hee)

Oh, alright, The typical banking system.

Beaumont 06/05/2013

I purchased my present laptop computer with money I saved up by putting it between the pages of a book. Once in the book, the money was out of sight and out of mind. I am not a good saver, but this trick really worked for me.

This month, for the first time in years, I managed to leave $100 in my credit union checking account. I am saving it for an anticipated health care premium (cost) increase that will likely come soon.

deleted_user 06/06/2013

with the interest rates so low, I am looking into an annunity...There is one that pays 2.15 for 7 years, you can take out 10% a year, never have I seen interest rates so low.

deleted_user 06/08/2013

I have a traditional bank account: checking and savings at a credit union, but if I need to put money away so I wont touch it, I put it in a firebox.

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