http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 08 Nov 2009 07:50:42 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-116692 The Easiest Way to Fund Your IRA Account Monthly Tue, 03 Jul 2007 11:50:25 +0000 http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-116692 [...] even more attractive about automatic investments is they grow over time without your maintenance. All you must do is balance your IRA investments at [...] [...] even more attractive about automatic investments is they grow over time without your maintenance. All you must do is balance your IRA investments at [...]

]]> http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-93066 How to Make Your Finances Automagical | zen habits Wed, 18 Apr 2007 22:59:57 +0000 http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-93066 [...] Rule for Building Wealth: Make Saving Automatic [...] [...] Rule for Building Wealth: Make Saving Automatic [...]

]]> http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-79628 MAKILA MOORE Sat, 20 Jan 2007 19:21:29 +0000 http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-79628 I GET PAID WEEKLY AND I HAVE 65 AUTOMATICALLY DEDUCTED FROM MY PAYCHECK INTO A SEPARATE SAVINGS ACCOUNT AND 15 A WEEK BEING AUTOMATICALLY DEDUCTED FROM MY CHECK THROUGH SHARE BUILDER I PRETEND THAT THE SHARE BUILDER IS A BILL AND I JUST LOOK AT THE 65 IN SAVING AS IF IT WERE NEVER THERE TO BEGIN WITH I'VE BEEN DOING THIS FOR 5 YEARS AND I NOW HAVE A LITTLE OVER 20,000 SAVED. ITS ALL A MENTAL ANOTHER GOOD TIP THAT HELPED ME IS NOT TO KEEP CHECKING YOUR BALANCE TRY TO FORGET ABOUT IT. I GET PAID WEEKLY AND I HAVE 65 AUTOMATICALLY DEDUCTED FROM MY PAYCHECK INTO A SEPARATE SAVINGS ACCOUNT AND 15 A WEEK BEING AUTOMATICALLY DEDUCTED FROM MY CHECK THROUGH SHARE BUILDER I PRETEND THAT THE SHARE BUILDER IS A BILL AND I JUST LOOK AT THE 65 IN SAVING AS IF IT WERE NEVER THERE TO BEGIN WITH I’VE BEEN DOING THIS FOR 5 YEARS AND I NOW HAVE A LITTLE OVER 20,000 SAVED. ITS ALL A MENTAL ANOTHER GOOD TIP THAT HELPED ME IS NOT TO KEEP CHECKING YOUR BALANCE TRY TO FORGET ABOUT IT.

]]> http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-76035 mapgirl Sat, 30 Dec 2006 02:44:26 +0000 http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-76035 I consider my 401k contribution my automatic savings, but I also automatically save a little out of each paycheck for my emergency fund too. I'd love to save 20% in the 401k and and other 10% in the emergency fund, but saving 30% of my income just doesn't work into my budget. YET. I consider my 401k contribution my automatic savings, but I also automatically save a little out of each paycheck for my emergency fund too. I’d love to save 20% in the 401k and and other 10% in the emergency fund, but saving 30% of my income just doesn’t work into my budget. YET.

]]> http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-74363 Terry Piatt Wed, 20 Dec 2006 04:37:22 +0000 http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-74363 I did that once, but then I didn't have enough money to cover all my bills. I let the utility bills slide for a few months until I started getting shutoff notices, then I took all the money I had "paid myself" and brought the utility bills current, then quit trying to pay myself first. I did that once, but then I didn’t have enough money to cover all my bills. I let the utility bills slide for a few months until I started getting shutoff notices, then I took all the money I had “paid myself” and brought the utility bills current, then quit trying to pay myself first.

]]> http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-74249 David Tue, 19 Dec 2006 08:41:20 +0000 http://www.consumerismcommentary.com/2006/12/18/rule-for-building-wealth-make-saving-automatic/#comment-74249 I couldnt agree more....we automatically put away 10% of our take home pay every time we get paid, before we can do anything stupid with it! Of course, this is in addition to retirement and the like, but its easy to just take a small amount every week and put it away. Eventually, it will add up to quite a bit without even missing it in the first place. I couldnt agree more….we automatically put away 10% of our take home pay every time we get paid, before we can do anything stupid with it! Of course, this is in addition to retirement and the like, but its easy to just take a small amount every week and put it away. Eventually, it will add up to quite a bit without even missing it in the first place.

]]>