Tuesday, May 20, 2008

Balance Your Finances

No matter how much money you make, your personal finances needs to be balanced. This is the only way you will feel financially secure. This will allow you to save money, but not keep you from having fun and enjoying your money. The proper balance for your finances is:
50% for your needs
30% for fun
20% for savings
You may not agree with this, you may think this is too high or too low in some areas. But I guarantee you, with your money balanced this way, you will rest easy and feel financially secure. I'll explain about each category in more detail later on.

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