Quote:
Originally Posted by Prottotype
I know everyone has their own spending habits, but how do you set aside your money?
I want to become more financially responsible, and I need some advice to how people set aside thier bills, gas, groceries, etc.
Do you have a formula? What's the best thing that's worked for you?
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Just have the bank (or whoever) automatically take $xxx out of your account a day after your paycheque goes in... cheque goes in on Friday, money comes out Monday/Tuesday, every paycheque (say... $100-$300). Get it to automatically re-direct to whatever investment vehicle you want.
You can pretty much do it yourself, but I find it easier to have the bank take the cash from me through auto-direct-withdrawal. It adds up quick over a year...