Weekly Blog Round: Saving Money

These days, I do not pay much attention to the markets in general. The US is still at work stimulating their economy and Europe is still trying to figure out their mess. I do look at my technical screening to see if anything pops up; like Intel (INTC) for those interested :) I  review what analysts have to say on BNN through Stock Chase email notifications. I get 2 emails a day with a summary of what analysts said about companies. It takes 5 minutes in the morning and I get quick news on various companies. I am also subscribe to Pat McKeough service and blogs at TSI Netowrk (I have been for almost a year now). It doesn’t require that much time to keep up and I am not trying to predict the future either.

For all my regular and future readers, I have added a Dividend Calendar section under Stocks for your convenience. I have also added a section under Investments for Forex. I wrote a few posts about the different ways of doing currency exchange aside from just using the banks. There is a lot of money to be saved!

Saving Money

We are 3 weeks in the school year and my savings through lunches is at its peak! As I mentioned earlier, for every lunch I bring, I move $10 to the savings account for investment contributions. I involved the kids in making the lunch as well since we all eat the same thing. The process has worked remarkably well except for the lack of micro-wave in one of my kids school.

My contributions to Computershare and Canadian Stock Transfer should increase this year with the strategy. I am currently finishing reading the Dividend Toolkit from Matt @ Dividend Monk and savings is a key point mentioned in building wealth. I don’t think it can be stressed enough – I am saving and not chasing the latest gadgets!

Worthy Readings

Some weekend reading to share …

Also featured in the following carnivals.
Have a nice weekend!

Image: FreeDigitalPhotos.net

5 Responses to "Weekly Blog Round: Saving Money"

  1. Saving and not chasing after the latest gadgets is my current mindset as well, which is apparently the opposite of all those people who lined up overnight to buy a $700 phone, lol. I get daily newsletters from BNN and also their Market Calls, which is often quite punctual at 4pm :) I think they should cover more tech companies. Intel is one of my favorites and is a core holding in my RRSP. Thanks for the mention btw.

    1. The Passive Income Earner · Edit


      I do get the BNN and Market Calls emails too. I don’t find them as useful though. I also get the RBC communication from my discount broker as well which is more about economics than stocks.

  2. I’ve never used Stock Chase, but I love the idea of adding my list to my profile portfolio and being emailed any news each day. I signed up this afternoon. Sounds like it will make reaseach and staying current a little easier.

    It’s great what you’re doing with saving money on lunches. My wife and I do the same and it’s amazing to see how much you save by brown bagging it. It’s the same with our tea – bringing it from home and making it at work saves so much versus buying on the drive in each morning.

    Thanks for the mention!

    1. The Passive Income Earner · Edit

      Thanks for the comments. What I really want to share is that retirement and wealth building is really defined by our ability to save. Dividend investing is one way to keep growing a portfolio but the best tool is still saving, saving and saving :) I was getting tired to see my money funnel else where when I had options.

  3. Thanks for the mention Passive. Always appreciated. Sorry, late to the comment party – I’m blame it on the weekend away from home!

    Keep up the great work on the site and readership. I know I don’t comment on every post, but I read every article.



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