In the previous post we learned that the tax man and personal benefits (insurance, retirement savings, etc.) significantly reduce the amount of money we actually see in our paychecks. We also committed to setting aside 20% of that paycheck for savings and investment, knowing that it will lead to prosperity down the road. Now, you … Continue reading #8 – Learn how to Track Income, Expenses and Establish a Budget – Part II
Tag: Savings
#7 – Learn how to Track Income, Expenses and Establish a Budget – Part I
In the previous post we learned how how important it is to commit to paying yourself first through savings and investment, and the wonderful effect compound interest will have on those savings over the long haul of the Money Marathon. Of course, you can't save and invest every dollar you earn. There are expenses you'll … Continue reading #7 – Learn how to Track Income, Expenses and Establish a Budget – Part I
#6 -Pay Yourself First with Savings
For giggles, lets skip forward "a few miles into the marathon." You've finished college (with little or no debt to repay, right?) and you've found a career that both motivates you and pays fairly well. Congrats! All of a sudden, you've gone from being a poor college student who's scraping by every week to having … Continue reading #6 -Pay Yourself First with Savings
The Money Marathon 