Saturday, July 31, 2010

Advice how to spend money?

We both work me and my wife but I spend money most of the time even she spends money but very rarely . I earn 3 times more then her but I still hear that I don't spent money. How should we spend money.Advice how to spend money?
have you got a nice house? - if not get one





have you got a nice car? - if not get one





have you got a nice garden? - if not make it nice





do you buy enough good clothes? - if not buy some





do you have decent household appliances? - if not get some





THE LIST GOES ON MATE - IF YOU STILL DON'T FEEL LIKE SPENDING MONEY GIVE SOME TO CHARITY OR BETTER STILL - GIVE IT TO ME :-)Advice how to spend money?
Why do you need to dpend money? If there isn't anythng that you want to spend money on, then save it.
I think you should save it or invest it
Save at least 10% of your take home pay. Start an investment account. You should at least be investing in mutual funds.
Take the advice of an old fart, don't go into debt. You should save at least 20% of your income every payday. Use a debit card ,not a credit card. Pay all bills on time. Remember , other than a house and a car, pay cash. If you can't afford to pay cash for something, you can't afford it.
If you have any debts, pay them off starting first with the highest interest rate. Pay down your mortgage as fast as you can without prepayment penalties.





Unless your wife really likes her job, she should quit and enjoy being at home. If you have children, I think it's very important for one of the parents to be at home for the children, even if they are at school much of the day.





Once you are debt free then you can start thinking about buying things of lasting value. Make improvements to your home. You can also give money to your favorite charities.
give some to me! seriously if you genuinely have nothing to spend it on invest it for your retirement.
Hunni, if you aren't spending money that's a GOOD THING. money spent is money wasted, money saved is money earned. why are you worried about spending? if you have enough, don't worry about ';oh dear i cant spend my money'; think about the people out there that don't have a penny to their name.


zoe
Set up a budget that you both agree on and stick to it. Make sure that budget sets aside money for your future and it is never to early to think of your retirement.
She handles the cheaper finances why you handle the more expensive ones. Split your fincaces into categories. Let her handle 1 or 2 bills why you handle the others she can't afford.


You two should sit down and decide who will pay for what according to your incomes.
Wow, your lucky. My wife spends all my money and she doesn't work, she gets some from child support. But don't spend more than you make, don't use a credit card unless for emergancies, put money in savings for a rainy day.
spend them for ur needs only...it's gud to save money for future needs......
Give it to charity

No comments:

Post a Comment