Money In Your Sleep, Vacation Savings, and Financial Independence

The Best Ideas Small Businesses Can Use to Save Money

Good morning. It's Wednesday, Dec. 06, and we're covering the key to financial independence, top six reasons you should start saving for your next vacation, double digit sales growth, and much more.

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Stock Market Update

Market Performance: December 06, 2023.

The Dow Jones Industrial Average and the S&P 500 slid on Tuesday as a recent rally on Wall Street lost steam.

The 30-stock Dow slid 79.88 points, or 0.22%, to close at 36,124.56. The S&P 500 inched lower by 0.06% to 4,567.18. The Nasdaq Composite gained 0.31% to end at 14,229.91 as technology shares outperformed.

GitLab jumped 11.5% after the open-source software development platform beat quarterly financial expectations and issued strong guidance for the current quarter. Nio climbed 1.5% after the Chinese electric vehicle maker reported narrowing losses in the third quarter.

Tuesday’s moves follow Monday’s losing session for all three indexes, which called into question whether the market had run up too far too fast. Monday’s pullback came on the heels of five consecutive positive weeks for the three averages.

Financial Maverick Insights

Key to financial independence - Smart savings and investment options


I remember when I had first started my professional career at a multi-national bank, getting a substantial amount of salary at the end of the month was something new to me and something very exciting. Prior to that, I was not financially independent and was happy with whatever pocket money my husband gave me.

After joining the workforce, two important things happened to me — I got my own identity and I got my own financial independence, at least up to an extent. It felt exhilarating! The only thing I forgot was that I needed to save.

Warren Buffet, the billionaire and one of the most renowned fundamental investors in the world, one said, "The biggest mistake is not learning the habit of saving properly. Do not save what is left after spending, but spend what is left after saving."

Here are some good savings schemes you can avail.

Top 6 reasons you should start saving for your next vacation now

With holiday travel around the corner, you might already be thinking ahead to a spring or summer getaway in 2024. If you’re daydreaming about a big vacation, then it’s time to start thinking about saving money now.

While 2024 travel might seem ages away, getting a start on saving for next year’s vacation can pay out in more ways than one, especially if you use a high-yield savings account like a Marcus Online Savings Account.

Read more to learn why saving ahead can give your next vacation a major upgrade.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.