Savings Account

Road to $6,000 in savings account by the end 2022

A few years ago I made a broader goal of achieving 1 million dollars in my savings account by the time before I will turn 60 in 2045.  The plan went well until the Pandemic hit my portfolio in March 2020, later that year I bought an…

52 Week Money Saving Challenge 2.0. SEB Funds Update After 21 Week

On May 28, 2020, I started a new 52-week money saving challenge - investing with funds at my local bank account ( 52 Week Money Saving Challenge 2.0. SEB Funds ) Today, already 21 weeks have passed since the launch, and I decided to write…

52 Week Money Saving Challenge 2.0. SEB Funds

About 2 years ago I started a simple, so-called 52 Week Money Saving Challenge. The rules for this challenge are very simple - to deposit in the first week one euro, in the second week - two, third week - three, etc. The amount after each…

52 Week Money Saving Challenge

I first heard about such challenge from SEB Latvia bank - How to save 1,400 euros per year? The recommendation is simple - to deposit in the first week one euro, in the second week - two, third week - three, etc. The amount after each week…

Road To Million Dollars in Saving Account

I'm 31 now, I have a goal to save one million dollars by the time I will be 60. That's 29 years. That's $34,482.75 I should save each year, next 29 years in the row. That's a lot. I currently make less than $20,000 per year, by US standard…

My February Savings Report - GEL Loses Another 16.5% Against USD; -17% Against EUR

Welcome to my third savings report, today I will look at historical exchange rates of GEL/USD and EUR and compare those with at the end of January (2015) with February 24. I started to save some chunk of money back in September 2014, since…

My First Savings Report - September 2014

Around 9 months ago I started Online Income Reports series, sharing  income I have made solely on internet, by using my blog and sometimes some other websites (I have built by myself). For now - there are two income sources that gives me…

Highest Deposit Interest Rates in Europe

I was searching online some information about interest rates for savings accounts in European Union for the year of 2014. Update: Highest Deposit Rates in the World by Country 2018 Basically, I was doing this "research" because I found…

Opening a Savings Account in Republic of Georgia

For a many years I have imagined how I will run my savings account - but I have never ever had one - so I decided to change that. What's a saving account - well it's an account where your money are kept. There are many options you can…