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re: What's your biggest money saving tip?

Posted on 11/9/18 at 6:02 am to
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 11/9/18 at 6:02 am to
quote:

Dont spend more than you make.


This to start with.

Every pay day, set in your budget of paying yourself 10% of take home pay. Put that into savings and build a nest egg of no less then 6 months pay for emergencies is a must. That will keep you from using any credit cards or borrowing any money.
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36185 posts
Posted on 11/9/18 at 6:08 am to
quote:

Every pay day, set in your budget of paying yourself 10% of take home pay. Put that into savings and build a nest egg of no less then 6 months pay for emergencies is a must. That will keep you from using any credit cards or borrowing any money.



Very good advice, I keep an emergency nest egg as well. However, I don't do the regular transfer. I usually save up til my checking gets to a certain level and then transfer over. It works ok for me I think, but a regular transfer would probably benefit my wife.
This post was edited on 11/9/18 at 6:09 am
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