This week’s Carnival of Personal Finance, which featured among its top Money Management articles my earlier post about Saving on One Income, is full of useful personal finance articles. Buried as we are however (especially on a Monday) I’ll limit my list of recommended articles to my usual length: one.
If you have time for just one more article today, please consider My Two Dollar’s post Following The Rule Of 10 Percent Is Easy And The Savings Add Up. His well-made point about how saving 10% of your income frees up the rest of your life is a critical one to learn. Whether the right answer is 10%, more, or less is a subject for another post. What’s indisputable is that the amount you’ll need to save is certainly greater than 0% and that the benefits are both financial and emotional.
If you’re having trouble identifying opportunities to save, he lists a few in the post. Also, revisit the Top 10 Saving Strategies. Between these two sources, if the desire is there, so, too, will be the means.
Don’t you think?
Tags: Saving Strategies