Comments on: Why a Budget Should Be Based on Real-Life http://www.getrichslowly.org/blog/2006/12/28/why-a-budget-should-be-based-on-real-life/ Personal finance that makes cents. Common sense advice on topics from high interest savings accounts, frugality, cd rates, money market accounts, mortgage rates, how to get out of debt, money management and more. Sat, 20 Mar 2010 07:22:42 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Pimping Bookmarks: Money Management for the Corporate Slave http://www.getrichslowly.org/blog/2006/12/28/why-a-budget-should-be-based-on-real-life/#comment-108558 Pimping Bookmarks: Money Management for the Corporate Slave Thu, 13 Dec 2007 11:42:07 +0000 http://www.getrichslowly.org/blog/2006/12/29/why-a-budget-should-be-based-on-real-life/#comment-108558 [...] Why a budget should be based on real life [...] [...] Why a budget should be based on real life [...]

]]> By: Dan88x http://www.getrichslowly.org/blog/2006/12/28/why-a-budget-should-be-based-on-real-life/#comment-68267 Dan88x Thu, 08 Feb 2007 03:36:33 +0000 http://www.getrichslowly.org/blog/2006/12/29/why-a-budget-should-be-based-on-real-life/#comment-68267 One of the most important things I learned about setting up a successful budget, was to pay yourself first. Set aside money for all your expenses AFTER you payed yourself a small "allowance" each week. One of the most important things I learned about setting up a successful budget, was to pay yourself first. Set aside money for all your expenses AFTER you payed yourself a small “allowance” each week.

]]> By: Filip http://www.getrichslowly.org/blog/2006/12/28/why-a-budget-should-be-based-on-real-life/#comment-36273 Filip Sat, 30 Dec 2006 02:21:05 +0000 http://www.getrichslowly.org/blog/2006/12/29/why-a-budget-should-be-based-on-real-life/#comment-36273 You can allot into your budget something along the lines of "Added Expenses". ie. Set aside money into a special account for expenses you never would have thought of. Every time something new comes up, take it out of that account and write it up as a real expense for next year. You can allot into your budget something along the lines of “Added Expenses”.

ie. Set aside money into a special account for expenses you never would have thought of. Every time something new comes up, take it out of that account and write it up as a real expense for next year.

]]> By: MOMM http://www.getrichslowly.org/blog/2006/12/28/why-a-budget-should-be-based-on-real-life/#comment-36101 MOMM Fri, 29 Dec 2006 17:41:35 +0000 http://www.getrichslowly.org/blog/2006/12/29/why-a-budget-should-be-based-on-real-life/#comment-36101 Thanks for that reminder, we are re-working our budget before the new year starts. We are planning on one vacation next year - but it will be a long one. Luckily, we will be near/with family and thus our biggest expense will be the airline tickets. We won't have hotel bills, to rent a car nor food expenses (unless we want them). But four airline tickets across the country are something we definitely need to budget for! Thanks for that reminder, we are re-working our budget before the new year starts.

We are planning on one vacation next year - but it will be a long one. Luckily, we will be near/with family and thus our biggest expense will be the airline tickets. We won’t have hotel bills, to rent a car nor food expenses (unless we want them). But four airline tickets across the country are something we definitely need to budget for!

]]> By: Gehrke Creek » Guest Posting on Another Site http://www.getrichslowly.org/blog/2006/12/28/why-a-budget-should-be-based-on-real-life/#comment-36044 Gehrke Creek » Guest Posting on Another Site Fri, 29 Dec 2006 14:18:43 +0000 http://www.getrichslowly.org/blog/2006/12/29/why-a-budget-should-be-based-on-real-life/#comment-36044 [...] Traveling   [...] [...] Traveling   [...]

]]> By: MillionDollarJourney.com http://www.getrichslowly.org/blog/2006/12/28/why-a-budget-should-be-based-on-real-life/#comment-35781 MillionDollarJourney.com Fri, 29 Dec 2006 02:08:40 +0000 http://www.getrichslowly.org/blog/2006/12/29/why-a-budget-should-be-based-on-real-life/#comment-35781 What I find works for us to set aside x amount of dollars/month for vacation. That way you can judge for yourself what you want to spend the vacation dollars on, one big blowout to Michigan, or a few smaller trips. FT http://www.MillionDollarJourney.com What I find works for us to set aside x amount of dollars/month for vacation. That way you can judge for yourself what you want to spend the vacation dollars on, one big blowout to Michigan, or a few smaller trips.

FT
http://www.MillionDollarJourney.com

]]> By: James http://www.getrichslowly.org/blog/2006/12/28/why-a-budget-should-be-based-on-real-life/#comment-35780 James Fri, 29 Dec 2006 02:03:23 +0000 http://www.getrichslowly.org/blog/2006/12/29/why-a-budget-should-be-based-on-real-life/#comment-35780 Get Rich Slow, This is a good posting and you make an important point. I just wanted to add one comment: one shouldn't feel to shook up if one overspends or goes over ones alloted budget. They are more like guidelines to keep you on track, rather than iron clad rules. Best, James Get Rich Slow,

This is a good posting and you make an important point.

I just wanted to add one comment: one shouldn’t feel to shook up if one overspends or goes over ones alloted budget. They are more like guidelines to keep you on track, rather than iron clad rules.

Best,

James

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