Payday today. How much do you....
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Payday today. How much do you....
| Wed, 08-18-2004 - 12:41pm |
leave for yourself AFTER you pay everything?
I guess i'm getting frustrated because I seem to
| Wed, 08-18-2004 - 12:41pm |
leave for yourself AFTER you pay everything?
I guess i'm getting frustrated because I seem to
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I have a serious problem!
Boo-hoo
But, there are some good ideas in this thread.
I will have to re-evaulate.
Sorry to shout, but I think it's important.
Perhaps you are trying too hard to pay down your credit card debts quickly. You should not send in such a big payment to the credit card companies that you have too little left over for necessities such as food, rent/mortgage, and utilities. You should track your spending by writing down every little and big thing you spend money on for two months to get a grip on what your actual spending patterns are. Personal finance authors often say people are shocked at how much they spend on small indulgences each month. They say to the financial guru "Now that I look at my spending journal for the last sixty days, I see that I can save $175 ( or $200 or 350) a month if I stop eating so many fast food meals for lunch, stop buying so much junk out of the vending machines, and stop buying so many cocktails when I'm hanging out with my friends after work. I'm going to stop wasting my money on this kind of frivolity and save it for a rainy day instead." You have to be good at delayed gratification to save money. Don't let the impulse of the current moment distract you from your long-term goals. When you are tempted to buy something frivolous, stop and ask yourself if this thing will really help you in the long run. I often say to myself "I want to be debt-free with zero credit card debt more than I want fancy new things."
I think you read my post wrong. The last paragraph has nothing to do with my retirement. I'm not pulling my retirement to make a buffer, if that's what you were thinking.
I am getting my buffer because I get paid every other week, but this month, I get three paychecks in one month, so that extra paycheck will be my buffer.
Hope that cleared that up.
~Cher
I think you're right. I think I'm trying too hard. But then again, I am living at home with my folks, rent free, totally money free. I will be moving out in the next two years. Why? Because I'm planning on getting married.
So, my goal was/is to pay off as much as I possibly can, so that way, when I marry my DBF, I don't bring in 25k worth of CC debt, and instead have like 10k or less. That's the goal. So he doesn't have to literally support me. I want to be able to help him out with rent/food/utilities/etc. instead of just mooching off of him. Hopefully, after we marry, he'll be more willing to help pay it off with his huge commission checks. lol. and get me out of debt, which will help US in the long run.
That's my goal.
But, I think with this buffer, something I have NEVER had, I won't be feeling so stressed out over it all. KWIM?
But, I will keep in mind what you said. In case the buffer doesn't help, or for some reason it dwindles away.
~Cher
A commercial.
So not cool.
~Cher
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