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Getbig Bodybuilding Boards => Gym/Stores/Industry Business Board => Topic started by: NaturalWonder83 on May 30, 2009, 07:09:40 PM

Title: plz help me-im trying to get my life in order
Post by: NaturalWonder83 on May 30, 2009, 07:09:40 PM
i finally got my credit card paid off...thank god

now i have a chance to start saving money

i have a checking and savings acct-but no money in them

i have heard money market accts are good???

when i get my paycheck...how much should i put away? and where?

Title: Re: plz help me-im trying to get my life in order
Post by: MB_722 on May 30, 2009, 08:32:22 PM
when i get my paycheck...how much should i put away?



try to do 15% of your paycheck.

if you can do more, do it.

...

there are tons of financial blogs on this type of stuff. here's one.
http://frugaldad.com/ (http://frugaldad.com/)

Title: Re: plz help me-im trying to get my life in order
Post by: MB_722 on May 30, 2009, 08:43:16 PM
http://www.getrichslowly.org/blog/

Rainy Day Fund Basics
http://www.youneedabudget.com/2005/rainy-day-fund-basics/

Want a Financial Fortress? Learn to Budget Money
http://www.youneedabudget.com/2005/want-a-financial-fortress-learn-to-budget-money/

The Law of the Harvest: A Man Reaps What He Sows
http://www.youneedabudget.com/2008/the-law-of-the-harvest-a-man-reaps-what-he-sows/

Title: Re: plz help me-im trying to get my life in order
Post by: NaturalWonder83 on May 30, 2009, 08:44:29 PM
thank u so much!
Title: Re: plz help me-im trying to get my life in order
Post by: Deicide on May 31, 2009, 03:47:12 AM
i finally got my credit card paid off...thank god

now i have a chance to start saving money

i have a checking and savings acct-but no money in them

i have heard money market accts are good???

when i get my paycheck...how much should i put away? and where?



Turkey+Cheese+Sandwiches=truth
Title: Re: plz help me-im trying to get my life in order
Post by: Internet Tough Guy on May 31, 2009, 05:23:08 AM
i finally got my credit card paid off...thank god

now i have a chance to start saving money

i have a checking and savings acct-but no money in them

i have heard money market accts are good???

when i get my paycheck...how much should i put away? and where?



The answer to all your problems can be found here...

http://jme.ffivision.com/en/access.aspx

Title: Re: plz help me-im trying to get my life in order
Post by: 24KT on May 31, 2009, 10:07:33 PM
The answer to all your problems can be found here...

http://jme.ffivision.com/en/access.aspx




I hope you realize people are now going to accuse you of being my gimmick account don't you?
Title: Re: plz help me-im trying to get my life in order
Post by: sync pulse on June 02, 2009, 03:37:16 PM
The general consensus is that you first accumulate enough cash in a standard savings account that can last you through six months of unemployment.  Then you start with Fidelity Magellan... when the stock market is down, you buy as much as you can.
Title: Re: plz help me-im trying to get my life in order
Post by: wolfgang187 on June 03, 2009, 07:50:56 AM
Out of every $1 you make save 35 cents then at the end of the year make a contribution to a 401k or your Roth IRA, then when you go to the account to get your taxes done show him the statement of your contribution to either of the savings.  You can deduct your contribution of your taxes and you'll get it back in your refund.

Save all receipts because if you had to buy some thing for work you can claim that and get that and get that money back too.



Title: Re: plz help me-im trying to get my life in order
Post by: 240 is Back on June 05, 2009, 11:30:19 PM
Risky market at the moment.