Quote:
Originally Posted by YB*
Are you asking in absolute or percentage?
I save whatever remains after spending, I then add to what I get the next month then save whatever remains after another spending.......ad infinitum (I hope not).
I know am not a saver, so I do the next best thing. Sink into projects, acquisitions with financial help using a bank check off system - Meaning by the 7th of every month, whatever remains is for consumption - Bad approach for most, but the solution for me. I cannot save cash, end of story.
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Ok, I am like a shopperholic, so if I dont have a structured saving plan, my finance would always be in red.I have two saving "plans" per such.
1.I save about an equivalent of $250 a month- automated by financial advisor
2. When ever I have lump sums, I invest short term in some sort of viable venture E.g I just invested into my brothers coal business.
This helps me blow whatever is left on shoes, clothes , hair, travel and whatever else in peace.
