Jerlene Posted November 10, 2018 Posted November 10, 2018 Do you budget your finances? If so, what are your priorities? I haven't budgeted in a really long time but I would always make my insurance, phone and gas the priorities.
o-o Posted November 11, 2018 Posted November 11, 2018 Yes I do; the most important thing would be to pay the house things (water, gas, internet) and to feed myself.
Jerlene Posted November 12, 2018 Author Posted November 12, 2018 Yes, most definitely. lol Do you pay for your own electric, or is that included in your rental agreement? Or do you own?
Alexander. Posted January 8, 2019 Posted January 8, 2019 Yes, most definitely I do. I use the 30, 20, 50 rule. 50% is to be allocated for housing costs and regular bills. Twenty percent should be used for saving goals or retirement. Finally, thirty percent of your monthly income can be used for wants and luxuries. Millions of people stick to this rule daily as it's well known, by sticking to this guidance I am able to budget my money more effectively each month
killamch89 Posted January 8, 2019 Posted January 8, 2019 6 hours ago, xXInfectedXx said: Yes, most definitely I do. I use the 30, 20, 50 rule. 50% is to be allocated for housing costs and regular bills. Twenty percent should be used for saving goals or retirement. Finally, thirty percent of your monthly income can be used for wants and luxuries. Millions of people stick to this rule daily as it's well known, by sticking to this guidance I am able to budget my money more effectively each month I subscribe to this method as well except my savings/emergency are the 30% and my luxuries are the 20%.
mont86 Posted January 12, 2019 Posted January 12, 2019 Not anymore.. I work two jobs.. But I did years ago.. I remember when I thought saving 20 dollars was great.. Some of the times.. I would work for extra spending money , then when I got paid, I'd say I worked to hard to just spend it..
killamch89 Posted January 12, 2019 Posted January 12, 2019 15 hours ago, mont86 said: Not anymore.. I work two jobs.. But I did years ago.. I remember when I thought saving 20 dollars was great.. Some of the times.. I would work for extra spending money , then when I got paid, I'd say I worked to hard to just spend it.. Even with the money I spend I tend to put aside at least a 10 or 20 dollars out of it just in case.
killamch89 Posted January 12, 2019 Posted January 12, 2019 53 minutes ago, mont86 said: That's good , I do too.. Just in case Tends to help a lot with spare change or when I can't get to the bank.
mont86 Posted January 12, 2019 Posted January 12, 2019 You pay cash or debit card ? I use Debit a lot
killamch89 Posted January 13, 2019 Posted January 13, 2019 21 hours ago, mont86 said: You pay cash or debit card ? I use Debit a lot It depends. If it involves a lot of money I use my debit because I find it unsafe to walk around with a lot of money.
UleTheVee Posted January 13, 2019 Posted January 13, 2019 I usually do this: Part 1) Bills, pay everything Part 2) Other stuff
mont86 Posted January 13, 2019 Posted January 13, 2019 2 minutes ago, killamch89 said: It depends. If it involves a lot of money I use my debit because I find it unsafe to walk around with a lot of money. I agree, years ago in bigger cities, stores wouldn't take checks so more people carried cash , making it unsafe for people .
killamch89 Posted January 13, 2019 Posted January 13, 2019 1 hour ago, mont86 said: I agree, years ago in bigger cities, stores wouldn't take checks so more people carried cash , making it unsafe for people . The thing with cheques is you don't necessarily have a way to ascertain if the cheque was fraudulent or genuine unless they made some calls to the issuing bank which may or may not be open during those said hours, making it a hassle for both consumers or business.
