Comments on: Your Budget: 5 Factors That Will Determine What It Looks Like

By: personal budget guidelines

personal budget guidelines — Wed, 21 Jul 2010 21:06:12 +0000

The first rule of making a personal budget – keep it simple Rules. no-one likes rules. But we all realize that if we didn’t follow traffic rules and stop at a red light, our streets would be chaos. If you want to have a successful personal budget, you have to follow the rules (in this case one simple rule). ….

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By: 2 Cents

2 Cents — Mon, 18 Jan 2010 23:44:16 +0000

I guess diversification is a good thing in any area of personal finance. Thanks!

By: 2 Cents

2 Cents — Mon, 18 Jan 2010 23:41:53 +0000

Without knowing the specifics of your situation, one suggestion that comes to mind is to pay them the day they come in the mail. Alternatively, you can keep an inbox, envelope or file folder to put the bills in as they come and pay them weekly on a set day. You can also automate some or all of them by having them automatically paid through your bank account or credit card.

We have one person in charge of paying bills at our house (that’s me) and one joint chequing account out of which the bills are paid – unless I need to take some from a savings goal for a larger item, like insurance or property taxes. This works for us, but that’s not to say it’s what’s best for you guys.

I hope this helps, and thanks for your comment!

By: Ken

Ken — Mon, 18 Jan 2010 22:53:40 +0000

Great post! We have had trouble paying some bills on time for 3 months now. It’s frustrating. My wife agrees to pay some (out of her account)..and I do the same from our main checking acct…we can’t seem to get this under control. Any advice is appreciated.
btw..I have a spreadsheet of our bills and due dates and we still don’t get them done on time.
.-= Ken´s last blog ..Money Rules: Making More Is Not Enough =-.

By: Doctor Stock

Doctor Stock — Mon, 18 Jan 2010 20:03:55 +0000

This is a great post – everyone should give it a quick read. When I’m planning my investments, I consider the fixed vs. variable income too and believe it’s great to have multiple streams of income.
.-= Doctor Stock´s last blog ..Stock Screen for NUE (Nucor Corp.) =-.

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Mon, 18 Jan 2010 19:04:16 +0000

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