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re: What are your realistic 5 year financial goals?
Posted on 3/11/15 at 10:38 am to LSUengineer12
Posted on 3/11/15 at 10:38 am to LSUengineer12
quote:
Two incomes, so expenses are cut in half.
Unless your fiance is a physician - she'll likely spend more than she brings in - particularly once she's married. She looks at her income as "her" money, my brother.
Unless you have a very solid plan and budget - including weekly (or at least monthly) reviews, money will bleed out of the accounts at a shocking rate.
But, you're ahead of about 90% of your peers - you have a plan and some idea of where you're going and how to get there - that's well over half the battle.
This post was edited on 3/11/15 at 10:40 am
Posted on 3/11/15 at 10:46 am to Ace Midnight
quote:
Unless you have a very solid plan and budget - including weekly (or at least monthly) reviews, money will bleed out of the accounts at a shocking rate.
maybe it won't stay this way for long, but we have a detailed budget spreadsheet broken into bi-weekly budgets. We go over it probably too often. We've already opened joint accounts, and each of us get a set amount of spending cash each bi-week in our seperate checkings to do whatver we want with. It's been running super smooth so far.
Posted on 3/11/15 at 10:59 am to Ace Midnight
That's women for you. They feel the need to spend whatever is in the checking account. Oh the bills will be paid but there won't ever be much extra eAch month. They will find ways to keep spending. Plenty are bad about paying themselves first. It is what it is. Lol.
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