When I first found this site early 2006 was actually participating in the 60% solution in which you limit your spending to 60% of your total income or less. Some where down the line I stopped, when or why I do not know. But for the New Year I have decided to start back at it again especially since I really want a house with out any debt..including a car payment. Thank God my card is paid for with very little problems. Here is what I plan on doing it's a little different than what's posted on MSN:
Total income
-10% savings
-10% irregular spending(tuition, insurance, etc)
-20% long term goals (new home)
-5% IRA
-5% fun money
50% other expenses
-----------------
100%
60% solution
December 30th, 2006 at 05:16 pm
December 30th, 2006 at 07:19 pm 1167506375
December 30th, 2006 at 09:04 pm 1167512683
December 31st, 2006 at 12:59 am 1167526749
good luck!
December 31st, 2006 at 02:08 am 1167530889
10% Tithe
10% Savings
20% Debt Reduction
60% Current living expenses
December 31st, 2006 at 03:31 am 1167535898