I've decided that no matter what I was going to break down/ allocate funds from my paycheck as follows:
• first 10% EF
• 5% of that balance to IRA
• 3% of that balance to CC debt
For example $300 check
• 10% = $30 to EF leaving a balance of $270
• 5% of $270 = $13.50 to IRA leaving a balance of $256.50
• 3% of $256.50 = $7.69 to be paid on CC debt leaving a balance of $248.80 in checking.
So I'm sure you get my drift , I just thought this will be a much easier way for me to save while living, I think, below my means
In the end, I challenge my self to save the above listed percentages.
I'll have to see how things go
My new challenge
July 7th, 2014 at 03:21 am
July 7th, 2014 at 03:51 am 1404701509
July 7th, 2014 at 01:34 pm 1404736442
July 7th, 2014 at 01:46 pm 1404737211