How Are You With Finances...

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03-11-2005, 08:10 AM

#31

PhoenixDownVII

Senior Member

Thread Starter

Join Date: May 2003

Location: Orange County, NY

Posts: 635

Quote:

Originally Posted by Rob x-7' date='Mar 11 2005, 08:04 AM

I was making a point, for years I always had a few dollars in the bank, I had debt, rent, other bills, but once I put my mind to it I saved more money.

Took on side work, kept my eyes out for cars that could make me profit, jet skis that made me money, and in one year my bank account gained, I havent looked back since keeping the same philosophy.

<{POST_SNAPBACK}>

Yea I hear ya. My Savings has been at a stand still, because, soon as I get an extra $300 in there, something big comes up. Things are lookin up though, I don't want to sell the car or ditch voice lessons just yet.

I'm just used to seeing it grow quicker than not at all :P

03-11-2005, 11:07 AM

#32

ArmyOfOne

Senior Member

Join Date: Oct 2003

Location: Fort Lewis Washington

Posts: 705

I put away 10% every month.

I have been doing this since I first enlisted into the Army 13 years ago.

money in about 3K per year...thats all before interest or growth of mutual funds.

It should help with what I want to start in 7 years.

03-11-2005, 11:10 AM

#33

phinsup

Administrator

Join Date: Jul 2001

Location: Stuart, FL

Posts: 24,416

I need enough money to buy a sailboat and a minimal amount of spending cash, then that's the last you'll see of me.

03-11-2005, 07:44 PM

#34

75 Repu

Senior Member

Join Date: Aug 2002

Location: Mike is a Liar!

Posts: 4,848

I never catch a break cuz i'm always broke..

03-11-2005, 08:04 PM

#35

Zelgadis21

Member

Join Date: May 2004

Location: Hawaii

Posts: 72

well I have around 5k in my bank but I'm trying to fix my car. It doesnt help that I live in hawaii damn shipping. Also there are like two people on this island that works on rotary. I going to dl one of those make money things and see if what they say is true.

03-11-2005, 09:43 PM

#36

setzep

Senior Member

Join Date: Dec 2002

Location: Minnesota

Posts: 911

I'm a tight ***, if I don't need to spend it I don't. Never any CC debt, never a car loan (never bought a car that cost over 5k), always pay bills on time. The only debt is my home loan and plan on paying it off by the time I'm 35 (If I still live in this house at that time). I contribute the max my company will match to my 401k (up to 5% of pay at 50% match). After I pay all my bills I end up with ~30% of my paycheck still in the bank. I'd say I save ~20% per month all said and done.

I'm trying to figure out how the dude that lives in a payed for home still has no $??