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Money and Finances
Reply to "If you have one, what is your 5 year plan?"
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[quote=Anonymous][quote=Anonymous]Not the OP, and I am just hijacking the thread but what are some suggestions or tips for saving more money. Our HHI is about 150k but we pay a lot to rent, for daycare, doctors... That I just don't feel like we'll ever build up our savings (have less than $5k in savings). I'd love to have these goals but I just don't know how to get there. I'd appreciate any advice.[/quote] Do you have retirement account in addition to this? Is 10% of your salary going into a retirement account? If so then the best way to build up separate savings is to have an automatic monthly deduction (on the 15th when a paycheck goes in works well), of say $333 if you can swing that. This will give you another $4K in savings in a year.[/quote]
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