Forum Discussion
tatest
Oct 30, 2013Explorer II
We worked out a budget that included needs and wants, matched that to income, made savings a "need" and carved that from the "wants" budget. You may find that you just have to say no to a lot of things you want.
That was fairly late in life, after about 20 years of putting wants first and getting consumer debt up to a year's income. So before we could start saving for special things like travel, that hunk of the budget for three years paid down debt.
Without a budget that includes savings, and the will to stick to it, savings usually don't accumulate.
That was fairly late in life, after about 20 years of putting wants first and getting consumer debt up to a year's income. So before we could start saving for special things like travel, that hunk of the budget for three years paid down debt.
Without a budget that includes savings, and the will to stick to it, savings usually don't accumulate.
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