Friday, July 2, 2010

I like the way you work it!

Back to reading and applying all the wonderful information from IWTYTBR. According to RAMIT your categories of spending should go something like this:
Fixed costs (utilities, debt., ect. = 50-60% of your pay.
Investments (401K, Roth IRA = 10%.
Savings (gifts, unexpected expenses, vacation) = 5-10%
Guilt Free Spending (ining Out, movies, clothes etc.) = 20-35%
I have not applied these numbers to my life just yet. I am off to vacation and just put some money into my car (to get to the vacation) and I am not there yet. It sound good though.
Investments scare me. I can't wait to do it but it scares me.
I am waiting for my autopayments to come out today too and that scares me.
On my money making quest front I have sent out more books and am expecting more money soon. One place I sent books to is seding me a check for $1.00. How funny is that? I also am going to host a garage sale next Saturday. Pray that I price well and that people buy!

Personal note: I am going out to eat tonight. We decided to either take my daughter to dinner tonight or go to the amusement park in the neighboring town. I decided that dinner would be much cheaper and besides we are going to a BIG amusement park on our vacation. That is amusement enough!

No comments:

Post a Comment