Comments on: Find Motivation by Budgeting Savings

By: Andrew Peel@Ways To Earn Extra Money

Andrew Peel@Ways To Earn Extra Money — Sat, 10 Apr 2010 21:23:03 +0000

Great Blog with some very sound personal finance advice. I was unaware of Dave Ramsey’s snowball method so will look that up.

I have just begun to wrestle our personal finances down after a pay cut at work.

By using an Excel Spreadsheet I have persuaded my partner that it’s the unplanned bits and pieces that killed our budget.

We went to a discount grocery store, the items are as good as branded however she bought more. So she saw it as Value For Money I saw it as a lost saving.

We have just finally struck a deal on spending limits per week on unplanned expenses, and a strict limit per week on groceries.

I planned it all out in a spreadsheet and demonstrated we have £200 per month spare after all expenses including allowing for petrol, groceries and newspapers. Question – what are we wasting it on?

I will certainly be back to mine your information about how to get extra money in my pocket
.-= Andrew Peel@Ways To Earn Extra Money´s last blog ..How to avoid trying to sell sheep to pig farmers =-.

By: Michael

Michael — Mon, 22 Feb 2010 16:03:40 +0000

Beth, I only put 5% of my savings toward our future children. In reality, we’re only saving about 10% of our income total. The rest is, unfortunately, going into bills and more bills.

Ana, I have learned a lot from reading websites like The Simple Dollar and Get Rich Slowly, though they are meant for people who are saving up for big purchases, rather than those who have trouble with everyday financial matters. It also helps to have a boyfriend who supports me while I’m in school.

By: Anastasia Williamson

Anastasia Williamson — Mon, 22 Feb 2010 11:53:55 +0000

I am really not very good about keeping track of my money. At this point, I am still receiving support for my parents, and I have always had more than enough, so I just haven’t worried about it. I’m going to be moving away soon and cutting the financial ties, so it would probably be a good idea for me to begin to get those matters in order.

By: BethCharette@legosets

BethCharette@legosets — Sat, 20 Feb 2010 09:08:38 +0000

Gosh, we wish to heavens we could keep expenditures for children to 5% of our home budget. But we are middle class people who like to provide for our kids. Our budget looks like this:

Kids: 25% (Including food, clothing and education.)

We do not believe in unloading our kids on the State to be educated. That’s a great way to lose them.

Our public schools teach no values relative to decency. And, what’s worse, once they have your children, you have no say in terms of who or what goes on at the schools.

You have literally given them away to a group of politicians, often with very strange ideas regarding what being “modern” means.

They will keep your children for twelve years and decide what they will be exposed to during all their critical periods of formation. In the US, we think that it is normal to have high school seniors and college freshmen drunk in the streets with zero values. Welcome to public education, an educational system that threw out even the McDuffy Readers because they contained lessons regarding honesty, chastity, and personal integrity.

Now we distribute condoms, and label 7% of our public school children ADHD, using Ritalin to calm them, a misdiagnosis a full 5% of the time.

Each child has a dosier kept on him or her that the State refers to throughout the child’s life, especially now that computers are rampant. Once even one visit to the principal’s office is recorded, the dossier will turn up in the strangest places to quash a child’s ability to be employed.

For example, have one visit to the principal’s office and then apply to the Secret Service or any government position requiring top clearances and that dossier will haunt your child.

Once your child is the property of the State, he or she remains so forever.

Home: 50%

Everything else: 25%