R.I.P. Trash D.R.I.P.
August 1st, 2021 at 05:45 amWell its been nice knowing 'ya.
A long time ago in a galaxy... ok, I gotta stop that. Anywho, it's been 2007 since I started a little experiment. I would work out how to do without paying for the local trash pickup, and I would invest the money. This would be my incentive to cut back on my trash. To do this I started a DRIP (Direct ReInvestment Program) online. I invested in a stable stock, and put in originally $25/mo. as this was close to the monthly trash charge. I upped it after a few years to $40 and left it there ever since. Well with my efforts to clean up my finances this year, along with my finances being tight as I put so much into my 457 plan + pension + HSA + taxes + insurance (yikes!), I am taking home only 15% of my gross pay right now. Any little bit will help and so I have decided to stop monthly investments in this stock. I'm sure its for the best as tracking all these investments if I should ever decide to sell will be ... lets just say "a challenge".
So to get two benefits, I stop the investments and save myself tracking and get a little extra cash. Yep, not a bad idea.