Comments on: My 33% Savings Plan http://debitversuscredit.com/personal-finance/my-33-savings-plan/ A personal finance blog dedicated to fighting financial ignorance Thu, 02 Feb 2012 03:05:35 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Starting on the Road to Wealth | debitversuscredit.com http://debitversuscredit.com/personal-finance/my-33-savings-plan/comment-page-1/#comment-819 Starting on the Road to Wealth | debitversuscredit.com Sat, 26 Sep 2009 23:41:41 +0000 http://debitversuscredit.com/2007/10/my-33-savings-plan/#comment-819 [...] Budgeting is an important part of your financial health. Budgeting means, in a nutshell, living within your means. It doesn’t necessarily mean tracking every single purchase you ever make and not allowing yourself to spend more than “x” amount of dollars on entertainment in a given month. Instead I have learned that it means to know how much you earn in a month and to not let your expenses exceed your income. Sure it sounds like a silly thing to say, but many people have yet to grasp this concept. Another thing I’ve learned that must be a part of ones budget is to budget a portion of your money away into some form of a savings or investing account. Go ahead, enjoy your life and spend your money while you still can, but make sure that you save just enough to cover emergency expenses and larger more expensive purchases, such as a down payment on a house or that new 52″ HDTV you have been lusting after. For a detailed look at a budgeting method I use, check out My 33% Savings Plan. [...] [...] Budgeting is an important part of your financial health. Budgeting means, in a nutshell, living within your means. It doesn’t necessarily mean tracking every single purchase you ever make and not allowing yourself to spend more than “x” amount of dollars on entertainment in a given month. Instead I have learned that it means to know how much you earn in a month and to not let your expenses exceed your income. Sure it sounds like a silly thing to say, but many people have yet to grasp this concept. Another thing I’ve learned that must be a part of ones budget is to budget a portion of your money away into some form of a savings or investing account. Go ahead, enjoy your life and spend your money while you still can, but make sure that you save just enough to cover emergency expenses and larger more expensive purchases, such as a down payment on a house or that new 52″ HDTV you have been lusting after. For a detailed look at a budgeting method I use, check out My 33% Savings Plan. [...]

]]> By: Kevin Wright http://debitversuscredit.com/personal-finance/my-33-savings-plan/comment-page-1/#comment-350 Kevin Wright Thu, 16 Oct 2008 17:43:37 +0000 http://debitversuscredit.com/2007/10/my-33-savings-plan/#comment-350 That is a very simple way to budget. I am going toshare this with a buddy of mine. <abbr><em><abbr><em>Kevin Wrights last blog post..<a href="http://www.thefrugalrebel.com/2008/10/16/the-election-and-my-future/">The Election and My Future</a></em></abbr></abbr></em> That is a very simple way to budget. I am going toshare this with a buddy of mine.

Kevin Wrights last blog post..The Election and My Future

]]> By: macoosh http://debitversuscredit.com/personal-finance/my-33-savings-plan/comment-page-1/#comment-9 macoosh Fri, 09 Nov 2007 15:30:23 +0000 http://debitversuscredit.com/2007/10/my-33-savings-plan/#comment-9 this post is brilliant. i am sooo going to be a regular visitor so i can get my accounts into shape! Thanks a mill! this post is brilliant. i am sooo going to be a regular visitor so i can get my accounts into shape!

Thanks a mill!

]]> By: Fruity http://debitversuscredit.com/personal-finance/my-33-savings-plan/comment-page-1/#comment-8 Fruity Tue, 30 Oct 2007 03:36:45 +0000 http://debitversuscredit.com/2007/10/my-33-savings-plan/#comment-8 Great info. I did something similar like yours. Setting aside a certain percentage for saving. If there's a surplus on expenditure, I'll roll over to next month and half of those goes to saving again. Cheers Great info. I did something similar like yours. Setting aside a certain percentage for saving. If there’s a surplus on expenditure, I’ll roll over to next month and half of those goes to saving again. Cheers

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