Growing Your Checking Account with no Hassle

Building your financial future – either your retirement, the future needs of your family, or just attaining personal goals to get more of the things you want – all of this begins with saving. Saving money is the most critical and best way to ensure that when it comes down to it, you are financially safe. It is easy to learn how, too.

Saving is more than simply getting discounts on the things you buy. It also means that you put money away for a future rainy day and then you pretend that you never even saw it. This creates a sort of emergency fund so that in the event that something comes up, you won’t need to worry about having the money for it. You can wipe out your debt and eventually put that money to work for you.


You need to have at least a checking account. Check out the banks in your area and online to see which will be the best checking account for your needs. Check out the features offered with the different types of accounts. Some offer things like protection against ID theft, monthly dividends and more. This checking account is where you will keep your money and watch it grow as you save.


You might wonder what a library has to do with saving money. Consider what you spend for entertainment. A movie ticket is around $15 these days and that doesn’t cover popcorn and a drink. Going to Redbox might only be a bit over $1 but then you have to get the movies back the very next day… which could mean you having to go out and waste gas to take movies back when you otherwise wouldn’t be going out at all. Libraries (most libraries) have DVDs that you can check out. Most of the time you can keep them for a week too. They also have copies of the latest music, magazines, and books. Using your library instead of going out and purchasing or renting all of these things can save you quite a bit of money throughout the year.

Spare Change Anyone?

We all tend to have change in our pockets at the end of the day. It might only be a few cents, but it is there nonetheless. One way to save money and watch your checking account grow without any hassle is to save that change. Put it in a jar, piggy bank or even a glass. At the end of the month, take it down to the bank and deposit it into your checking account. You might be surprised at how much it can add up to over time.


How often do you eat out? Do you buy your lunch or bring it from home? If so, this can be viewed as a golden opportunity for you to start a new habit. It might be a bit difficult to begin with, but try to plan out a few meals that you can make quickly and easily right in your own home and then make a grocery list with the necessary ingredients. Once you have gotten into the habit of cooking all of your meals as opposed to eating out all of the time, you will find that you enjoy much better quality food and you have more money to put into your checking account to make it grow.

Service Providers

Have you ever taken a moment to look at all of the money that you spend each month on your various service providers? Service providers can include things like the cable company, landscaping company, utilities, insurance providers, cell phone company, etc. All of these are things that provide services that we have to pay for on a monthly basis. It can be well worth the time to look around and compare prices. Simultaneously, with the insurance companies, you can make sure that you are not paying for coverages that are beyond your needs. One great way to save money and watch your checking account grow is to cut the cord. Get rid of the paid TV and go with free or paid streaming sites like Hulu, YouTube, and Netflix.

Gold bulls fueled up the market as dollar weakens

The price of gold traded higher in the last week due to the recent weakness of the green buck’s strength. In last Friday in the FED meeting, Janet Yellen expressed didn’t come up with a clear tone about next interest rate hike decision for which the dollar bulls lost their strength in the global market to a certain extent. Since the price of gold is measured in a dollar a significant change in the U.S interest rate decision impact the gold market significantly. A higher interest rate usually results in the decline in the price of gold but the gold buyers are pushing the market higher as there is no sign of interest rate hike decision in near future. Most importantly the U.S consumer sentiment is also turning negative in the global market as Mr. Trump failed to keep his promise regarding increased fiscal spending and tax cut policy. During the U.S presidential election held on 8th November 2016 the dollar gained a significant strength in the global market and pushed the price of gold lower but over the period of time the market has digested the U.S president statement and now reacting to the fact. All the professional traders are now cautious since the green bucks are still holding its ground as there is three possible rate hike in the year 2017.

Gold edges higher on Friday: In last Friday the price of gold started its bullish rally in the market after hitting the minor support level at 1180.76 and traded at $1191.06 prior to the market closing. According to the New York Mercantile Exchange in the Comex division, the gold market gained near about 0.03% in the global economy and traded at $1190.15.The bullish rally in the last commodities trading session helped the gold market to close with a 1% gain. The price of silver futures also gained 1.79% on the Comex division and traded at $17.15 a troy ounce. On the other handed the price of copper futures gained near about 0.67% in the global economy and traded at $2.691 in the market. The FED rate hike monitor tools suggest that near about 95% think that the U.S central bank will hold pat in near future. Most of the professional gold buyers are overly cautious at this moment since due to project three rate hike by the FED in the year 2017.Moreover, the central bank will also create pressure to the FED for at least two rate hike before the month of November so that they can adjust their current inflation rate to bring economic stability in the country.

Leading researcher’s sentiment: Most of the leading gold investors are now in doubt since they are don’t know about the next movement of the gold price. The gold bulls were fuelled in the market after the disappointing growth in the U.S economy which was near about 1.9% in the fourth quarter of 2016 where’s as the expected data was 2.2%.However, the last three month performance of the U.S economy was significantly well and it gained near about 3.5 % in the global economy till September in the last year. On the country, there have been a drop in the U.S durable goods orders for about 04% in the last month in contrast to the recent expectation of 2.6% gain. However, the price of gold is still in vulnerable position as Mr. Trump again influenced the consumers by saying that 20% tax will be implemented on the Mexican goods and such a promising statement again created some floor for the green bucks in the global economy. On the other hand, the price of U.S dollar index is hovering near a critical support level in the global market and a decent rise in the U.S dollar index might create some selling pressure in the gold market.

A possible scenario of the gold market: The price of gold has rebound back in the global market after hitting the critical resistance level at 1219.05 in the global market. However, there has been a decent bullish bounce in the gold market after it hit the critical support level at 1180.76 in the global market. Most of the professional gold traders are expecting another bullish rally in the gold market in the upcoming week. However, the traders will be extremely careful in trading the gold in this week as the FOMC statement is there on the upcoming Thursday. If the FED come up with a hawkish statement in their FOMC statement then there is strong chance that the price of gold will tumble in the market in the last part of this upcoming week. In the next Friday, there is also Average Hourly Earnings m/m data release in the market and the expected data is 0.3% gain. If the data comes better than the expected value then we will see a decent drop in the price of gold prior to the next wee closing.

Summary: The price of gold is nicely paving its way higher in the global market making new higher highs which are a classic characteristic of the uptrend in the market. The professional gold investors are buying the major support level of the gold as Mr. Trump failed to keep his promise regarding tax cut policy and the increment in the fiscal spending.Despite the recent weakness of the green bucks the dollar is still holding its ground in the global market as FED declared projected three rate hike in the year 2017 which might create an extreme level of selling pressure in the gold market.