Comments on: Debt Free Step Seven: Living Debt Free http://www.moneyunder30.com/live-debt-free Simple, Honest Financial Advice Thu, 09 Feb 2012 21:36:32 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Adam http://www.moneyunder30.com/live-debt-free/comment-page-1#comment-14933 Adam Sun, 18 Dec 2011 22:50:26 +0000 http://www.moneyunder30.com/live-debt-free#comment-14933 So...we're on track to be completely debt free (houses, cars, EVERYthing) by the end of 2012. Once that's done, what pointers can you offer for saving that superfluous monthly income? My thoughts are that a percentage of that money should go into 5 categories: 1. Retirement (401k / IRA) 2. Long term investments (precious metals / funds) 3. Emergency Savings (medical emergencies / unexpected big expenses) 4. Future House / Car purchases and maintenance 5. Fun Money (vacations / TV / computer) Any categories to add or remove? Proposed allocation to each category? Many thanks! So…we’re on track to be completely debt free (houses, cars, EVERYthing) by the end of 2012. Once that’s done, what pointers can you offer for saving that superfluous monthly income?

My thoughts are that a percentage of that money should go into 5 categories:
1. Retirement (401k / IRA)
2. Long term investments (precious metals / funds)
3. Emergency Savings (medical emergencies / unexpected big expenses)
4. Future House / Car purchases and maintenance
5. Fun Money (vacations / TV / computer)

Any categories to add or remove? Proposed allocation to each category?

Many thanks!

]]> By: Blogging Away Debt » Blog Archive » Presenting…the Carnival of Debt Reduction #54 http://www.moneyunder30.com/live-debt-free/comment-page-1#comment-305 Blogging Away Debt » Blog Archive » Presenting…the Carnival of Debt Reduction #54 Mon, 25 Sep 2006 03:19:05 +0000 http://www.moneyunder30.com/live-debt-free#comment-305 [...] David presents The Courage to Live Debt Free (Debt Free Step 7 of 7) posted at Money Under 30. Probably the biggest tool one has to get out of debt is the power of your mind. [...] [...] David presents The Courage to Live Debt Free (Debt Free Step 7 of 7) posted at Money Under 30. Probably the biggest tool one has to get out of debt is the power of your mind. [...]

]]> By: Money Under 30 | Monitor Your Debt Elimination Progress (Debt Free Step 6 of 7) http://www.moneyunder30.com/live-debt-free/comment-page-1#comment-306 Money Under 30 | Monitor Your Debt Elimination Progress (Debt Free Step 6 of 7) Fri, 22 Sep 2006 17:54:09 +0000 http://www.moneyunder30.com/live-debt-free#comment-306 [...] While you are paying off your debt and once it is paid off, it is just as important to live debt free. That means living below your means and not incurring any new debts. [...] [...] While you are paying off your debt and once it is paid off, it is just as important to live debt free. That means living below your means and not incurring any new debts. [...]

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