Tagged Questions
9
votes
6answers
259 views
Are my monthly commited expenses out of whack?
Okay, my wife and I struggle with our finances and we are trying to get them in order.
My net pay is approx $1300 every two weeks (my wife does not work)
That is after health insurance premiums
...
6
votes
3answers
301 views
Are savings counted as part of expenses in a personal budget?
When I budget for me, I usually count savings part of the expenses.
Is it the correct way to do it? Because of this, when I look at my budget at the end of the month, it feels like my expenses are a ...
9
votes
6answers
1k views
Should I have separate savings accounts for various savings goals?
I have read through some personal budgeting articles and saving tips. Most articles and books mention saving money for emergency funds, large purchases, etc.
Should emergency funds and saving funds ...
3
votes
1answer
85 views
How do I manage a savings account for various (non-monthly) lump sum costs?
I already have a savings account with my bank, and save regularly on a monthly basis as part of a budget. However, I often find myself saving for particular items, say a future trip, or next year's ...
4
votes
2answers
2k views
Mint.com: How to set up savings line items in budget: As expense, income, or neither?
This question is really more specific to Mint.com since I do all of my personal account management there. In the Budgets tab, I always have the unaccounted transactions at the bottom of the page where ...
4
votes
4answers
297 views
What is the best way to manage your hard earned money?
This is all about money management which we need to do on a periodic basis to have financial freedom.
There are many articles which say about this, but in real life I found many people managing it in ...
10
votes
3answers
2k views
What percent of salary should go towards retirement vs. emergency savings?
What percent of salary should go towards retirement vs. emergency savings? Should some be set aside each and every pay for emergencies?
