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Vanguard Mutual Funds

July 18th, 2014 at 01:14 pm

I've been wanting to invest in Vanguard for a couple of years now, actually longer but never did, for what reason I'm not really sure.

I finally opened up an account this morning and transferred 10,000.00. I'll set up an automatic transfer of 3,000.00 per month to go there. I've just been keeping my money in my savings account but it doesn't earn much interest in there.

I get a monthly allowance from my husband of 8,000.00 per month and he contributes to an IRA for me every year also. I've been hesitant to post exactly how much money I receive from him as I didn't want to give the impression that I'm a spoiled princess, I realize just how blessed I am as I've spent many years struggling as a poor (financially) single mother. I mainly use the money he gives me to help others in need. I help my family, as most readers know I lost my mother to cancer in October and my father is in the end stages of lung cancer. Had it not been for my husband I'd not have been able to stay with them and help them and to spend their last days with them.

I try not to get tempted and just spend willy nilly, I've been frugal for many years and those habits have stayed with me.

I sell on eBay to make extra money as my goals are to still be frugal so that I can help others and to be a good steward of the blessings that I believe God has given me.

I'd really like to make enough extra money to not have to touch the monthly allowance so I could invest all of it. I will keep working at it.

Do you invest monthly?

5 Responses to “Vanguard Mutual Funds”

  1. creditcardfree Says:

    Yea!! Welcome to Vanguard. You won't regret it in the long term. Yes, we invest monthly (automatically) into our Roth IRAs and college funds.

  2. CB in the City Says:

    How lovely that your husband can do that for you! Do household expenses come out of it or is it free and clear?

  3. Maranatha Says:

    CB I buy groceries and things I'd like to have for the house. It's a new house so I have bought some furniture and accessories but he pays the household bills and other expenses. I also buy my own gas for my car which he bought for me outright and is is very fuel efficient. As of now I spend 1600.00 of that money on charity etc, sometimes a bit more. He handles all retirement funds etc, I would be more than fine should, God forbid, something should ever happen to him. He's a wonderful and caring person, I have never done one thing to deserve the life he has provided for me and never want to take it for granted.

  4. CB in the City Says:

    Does he have a brother? Smile

  5. Looking Forward Says:

    I invest monthly with T.Rowe Price. It's auto transferred to ROTH IRAs - one for me and one for DH.
    What a wonderful thing to have that money from your DH. Smile

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