Tilted Forum Project Discussion Community - View Single Post - You shouldn't put more than x% of your paycheck into..

Boo · 01-09-2007, 01:44 AM

Until you have 3 months pay saved up you have no reason to be buying any luxuries. Thats the first year. Year 2 requires 3 more months. And so on....

At age 30 you should be able to shit $10,000 in 2 hours time. At age 40 $20,000 and so on...... These are 1980 numbers ... add for inflation.

Percentages are for banks. You need to invest like you are going to live forever.

Maintain the highest credit rating that you can at ALL times. It takes too long to rebuild bad credit.

Abusing credit cards, NEVER:
Put dinner on a card.
Buy tobacco or alcohol on a card.
Put a tattoo, jewelry, music, audio/visual equipment on a card.

If you have to put emergency car repairs on a card, pay them off ASAP while saving for the next emergency.

Keep telling yourself:
You don't earn a living, you live on what you earn.

01-09-2007, 01:44 AM	#6 (permalink)
Boo Leave me alone! Location: Alaska, USA	Until you have 3 months pay saved up you have no reason to be buying any luxuries. Thats the first year. Year 2 requires 3 more months. And so on.... At age 30 you should be able to shit $10,000 in 2 hours time. At age 40 $20,000 and so on...... These are 1980 numbers ... add for inflation. Percentages are for banks. You need to invest like you are going to live forever. Maintain the highest credit rating that you can at ALL times. It takes too long to rebuild bad credit. Abusing credit cards, NEVER: Put dinner on a card. Buy tobacco or alcohol on a card. Put a tattoo, jewelry, music, audio/visual equipment on a card. If you have to put emergency car repairs on a card, pay them off ASAP while saving for the next emergency. Keep telling yourself: You don't earn a living, you live on what you earn. __________________ Back button again, I must be getting old.