DISQUS

The Saving Freak · 2 years ago

The spread sheet is awesome!! We use a similar one for our monthly budget and then transfer money into a separate sheet for net worth. it has been very efficient for us.
Heidi · 2 years ago

I'm a new reader, so forgive me if you've answered this is a previous post:

What do you do with your net income? Do you have any rule of thumb that you follow (for example, spend 20%, save 30%, invest 50%?). I have noticed that as my NI increases, so does my "discretionary" spending. How do you control this?
10KPortfolio · 2 years ago

Very nice increase. It would be nice to see that on a bar graph. Looks like the business income is going good for you...congrats
Flexo · 2 years ago

Heidi: I don't follow any rules of thumb. 25% of my day job income is put away in a 401(k) and I max out my Roth IRA. Those are my only "rules." My emergency fund is full. I save anything beyond my expenses for the short-term.