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Having a Good Plan

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Save regularly and don’t forget to floss – Jan. 5, 2004

This family has a great plan in place. Sure, they’re in the red now, but with a dentist’s earning potential, that won’t stay the case for long.

The family puts $200 aside each month for their car payment, even though their cars are paid off. That is similar to what I do now; even though I don’t have a car, I put aside that amount every month into my “car” fund. Once I get that to a sizable amount, I’ll start focusing on a “house” fund. Some day will come when I’m ready to settle down, and I plan on being prepared.

Published or updated January 5, 2004. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.

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Flexo, the founder of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter. View all articles by .

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