If you save money, put it in your piggy bank or put it in your savings account, but put it somewhere. I don't care where you put it. But make it tangible.
If you're off by $100 a month on what you really spend, that oversight then is $1,200 every year. Think about this. If you can invest $100 a month over 20 years, and assuming an after-tax return of 8 percent, it could amount to as much as $60,000.
Not that you should, but you should be able to make daily exchanges if you want.
Nobody wants to be a scrooge, but at the same time if we are not, we are going to be far worse off.
People get mad when it comes to money.
Often times we want the easy way out.
The term 'budget' has almost become equivalent to a four-letter word. I like people to look at it as a spending plan.
The spouse with the more stable job should consider taking out the loan.
Maybe 10 percent of plans are great. The problem is it gets expensive. Every time a plan adds something, the plan has to pay for it.
Some people get frightened when the market drops after they put money in, so the client feels good doing dollar-cost averaging spread over the year.
