Recurring bills: Let's take a look

March 26, 2019 // by Jesse Crypto Backer // , , // No comments

Any of these look familiar? Of course they do! Do you have Netflix, Hulu, or even cable? Having these services can add up to hundreds of dollars every month. This is especially true for the cable or satellite bill.  Paying for cable or satellite is paying to watch ads, that they're getting paid to show you. The future really is streaming, but you don't need all of them. TIP: YouTube Premium comes with Google Play Music at no extra...

Don't let the government have an interest free loan

March 24, 2019 // by Jesse Crypto Backer // , , // No comments

Very simple concept: Don't give the government an interest free loan. Instead let your savings or investments grow faster. The government uses that tax refund you get every year, interest free, until it's time to pay you back. Put it to work for you instead! My thought here is to get that money sooner and get it saved or invested. This includes putting this money into your IRA or 401K. A refund of just $1200 is an extra $100 a month in your paycheck....

$50 made by doing only one easy thing..

March 17, 2019 // by Jesse Crypto Backer // , , // No comments

Hello, today is a short post regarding my Acorns account. I just wanted to update on progress it's made roughly over the last two weeks. It's not a get rich quick type of thing, but it is putting my money to work. Remember my portfolio is set to Aggressive Acorns has been a different story since I wasn't as active on the platform and in the stock market in general. It's take a lot of time and research to stay relevant in the market. I have...

Part 2: Does it spark joy? Before you buy...

March 12, 2019 // by Jesse Crypto Backer // , , , // No comments

I cannot stress enough how important it is to put at least $100 away every paycheck. As a minimalist I pay my utility and cell phone bills one check and rent the next check. As you can see, I get paid every two weeks. Sometimes that means I get three paychecks in a month. I hide it from myself. Just like my tax refund, I instantly put it into Acorns. If you're terrible at saving money, like I am, you need to actively hide money from yourself. Sounds...

Part 1: Does it spark joy? Before you buy..

March 09, 2019 // by Jesse Crypto Backer // , , // 2 comments

"How you spend your money is just as important to your financial success as your decision to save or get out of debt."I think the first step in starting to actively manage your finances is sitting down and writing a budget. Learning good spending habits cannot be done by "winging it." Let's start by looking at your monthly bills, then a transaction statement from a prior month. An easy way to do this is by downloading Mint and connecting your...

Cryptocurrency Mining - Why I still do it

March 07, 2019 // by Jesse Crypto Backer // , // No comments

This is a video I made last year of my computer mining a cryptocurrency called Electroneum. I was very excited to break this barrier. I kept modifying my code and parameters until I reached peak numbers.  I like to think it's how I got started in stock market trading. I was trading cryptocurrencies for another and selling, turning my small amounts into USD. Of course this all too soon crashed after everyone tried to "get rich quick." Truth is, after you hear about something, it's already to late to cash in. Mining crypto for one...

Top 5 Highest APY Banks

March 05, 2019 // by Jesse Crypto Backer // , // No comments

1. CIT Bank – 2.45% APY Pros: CIT isn’t as big as those mentioned below, they’re currently offering a very healthy APY. Online only base banking, no monthly maintenance fees and interest compounds daily. Deposits are FDIC insured, that means up to $250,000 will be covered. With over $50 billion of assets, CIT makes primarily make loans to middle market companies and small businesses. Cons: Two requirements are in place to...

Acorns one day returns on $5,000!

March 04, 2019 // by Jesse Crypto Backer // , , // No comments

I said I was going to be totally transparent with my investments. So here's an update. Account: Acorns - Investment Portfolio selected: Aggressive Amount invested: $5,128.95 One day returns on Friday were fantastic! I only wish I had more funds to deposit.. But, for now I paused automatic round ups and recurring has been off. Whatever amount left is my spending account on payday will be deposited into my Robinhood account for investing....

New promotion underway!

March 03, 2019 // by Jesse Crypto Backer // , , // No comments

Get started filling that piggy bank today! You'll need an Acorns account to receive this gift card! Sign up and get $5 $25 Acorns gift card giveaway! All you need to do is give my Facebook page a "Like" and sign up. Ends 31-3-2019 at 11:59 PM. Available in the US only. ...

Getting back to Robinhood and stock trading.

March 01, 2019 // by Jesse Crypto Backer // , // No comments

I don't know if I've said this, but, I'm going to be and stay very transparent through blogging. Here is my small portfolio on Robinhood. Today I sold 4 shares of MJ to buy some AMD back and a $31 call option for AMD. I have good reason to believe AMD will take some market share from Intel this year with their great new products. Please remember to subscribe to follow more! After only one day of Acorns getting my $5k deposit,...