i spend my life living paycheck to paycheck and i really don’t have to! i make enough to kick it and pay my bills ESPECIALLY with two others in the house but man…..i just don’t do it right! i have got to start paying myself first and letting money pile up so on rainy days i can have the coins needed to do what i have to do. the madness must stop!
and set a definite amount each paycheck, each month…whatever works for you. It’s great to say that you’re going to pay yourself first, but if you don’t give an amount it won’t get you very far!
i will be sure to make it priority right NOW! thanks for the encouragement. i really needed that. I’ve been thinkin about investing in mutual funds or an IRA or somthing on top of putting money in my savings account. Im really practical so i think i can do this with no quwalms. i’ve made a plan to start off small (like 50 dollars to my savings every pay) and then build up as i get comfortable. again thanks for the comment. i will keep you posted! by the way….how the hell are ya! lol
something that works for you! I know it took DH and I a while to dig ourselves out of debt…and the way we did it was, amazingly, to increase our savings! That way we had a cushion other than the credit cards when unplanned stuff came up…you know, like a new tire for the car!
I don’t have an IRA but my job does have the 401k option and I contribute to the max. One (fairly) painless way to do this is to put half of any raise or bonus in there. You still feel like you’re getting a raise and yet you know you’re saving, too! You can do this with any savings plan…though some IRAs will help you out tax-wise…and I don’t think they go onea calendar year, so if you decide on April 14th to contribute $2000 it would be tax deductable!
Disclaimer: I am not a tax consultant or financial wizard so I probably don’t know what I’m talking about! Make an effort to find someone who knows this stuff!
Oh…and I’m great…how’re things with you??!! :-)
lol! so i got a direct deposit for my money saving thing i got goin on. even tho it’s christmas i managed to NOT spend a whole hell of a lot on gifts. I focused more on what would mean more to the people that im giving them to and ended up not spending alot of money. i recommend this to everyone. it works!
I really need to start doing this myself and I’m going to start right after I get caught up from Christmas!
I think this is a really great idea:
With this set up, you link your checking account to this savings account and directly deposit the money into savings. It has a high percentage yield, and if you want to take the money out, it takes AT LEAST two days. This is the best part, because any money that I can get at easily is money I will spend. If it’s harder to get at, I think I’m more likely to leave it alone.
I don’t know if this will help your situation, but best of luck to you!
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katygrace wants to Take one picture a day as a way to document my life
snorkel the Great Barrier Reef
stop biting my nails
be a better driver
know what truffles taste like
buy a star
Say I'm sorry
be an Entrepreneur
Learn to play more instruments
do a bungee jump
Finish writing my wedding thank you cards
stop procrastinating
run a half marathon
learn a new language
TheBigCheeze wants to change my eating habits
Learn to knit
earn my black belt
read Walden
Get a second tattoo
gee♥love wants to take one photograph each day as a way to document my life.
get a tummy tuck
Buy a House
